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20020725E acceleration has occurred, reinstate as provided in Section 19, by causing the action or proceeding to be dontswel with a ruling that, in Lender's ]udgmatt, precludes forfeiture of the Property or other material impairment of I ender's interest in the Properly or rights under this Security Instrument. The proceed of any award or claim for damages than are anributable to the impairment of Lsndel s interest in the Property are hereby assigned mid shall be paid to Lender. All Miscellaneous Proceeds that are not applied to restoration or repair of the Property shall be applied in the order provided for in Section 2. 12. Borrower Not Released; Forbearance By Lender Not a Waiver. Extension of the time for payment or modification of:unortiiatmn of the sums secured by this Smartly Instrument granted by Lender to Borrower or any Successor in Interest of Borrower shall not operate to release the liability of Borrower or env Successors In Interest of Borrower Linda shall not be required to consonance prouttlings against any Sucecesor in Interest of Borrower or to refuse to extend time for payment or otherwise modify nortocumn of the sums secured by 4hfs Seem its Instrument by reason of any demand made by the original Bull ower or my Successors in Interest of Borrower. Any forbearance by Lender in exercising any right or emedy including, without limitation, Lender's acceptance of payments from third persons, entities or Successors in Interest of Borrower or in amounts less than fie amount then due, shall not be a waiver of or preclude life exercise of any right or remedy. 13. Joint and Several Liability; Co- signers; Successors and Assigns Bound. Borrower covenants and agrees that Borrowei s obligations and liability shall be joint and several. However, any poll Owns who -signs this Security Instrument but does not execute the Note (a "co-signer"); (a) is co- opting this Security Instrument only to mortgage, gram and convey the co-signer's interest in the Property under the tariffs of this Security Instrument; (b) is not personally obligated to pay the sums secured by this Security instrument; and (c) agrees that Lender and any other Borrower can agree in extend, modify, forbear or make any accommodations with regard to the terms of this Security Instrument or the Note without the an signals consent n Subject m the provisions of Section 18, any Succession in interest of Borrower who assumes Borrower's obligations unde: this Security Instrument in writing, and is approved by Leader, shall obtain all of Borrower's rights and benefits under this Security Instrument. Borrower shall not be released from Borrower's obligabom and liability under this Security Instrument wless Lender agrees to such release in writing. the covenants and agreements of this Security Instrument shall bind (except as provided in Section 20) and cement the successors and assigns of Leader. 14. Loan Charges. Lender may charge Borrower fees for services performed in connection with Burrower's default, for the purpose of protecting Lando's interest in the Property and rights major this Security Instrument, including, but not limited to, attorneys' fees, property, inspection and valuation fees. In regard to any other fees, the alliance of express authority in this Security Instrument to charge a specific foe to Borrower shall not be construed as a prohibition on the charging of such fee Lender may not charge fees [list me expressly prohibited by this Security Instrument or by Applicable Law. If the Loan is subject m a law which sets muximuan loan charges, and that law is finally interpreted so that the interest or other loan charges collected or to be collected Ili cotmeetion with the Loan varied the permitted limits, then (a) any such lomf charge shall be reduced by the amount necessary to reduce the charge to the permitted limit; mid (b) any sums already collected from Borrower which excelled permitted limits will bet refunded to Borrower Lender may choose to make thin refund by reducing the principal wed under the Note or by making a direct payment In Borrower. If a refund reduces principal, the reduction will be trented as a partial prepayment without any prepayment charge (whether or not a prcp wyeart charge is provided for under the Note). Borrower's acecptmmc of any soh refund made by direct payment to Borrower will constitute a waiver of any right of action Borrower might have arising out of-such overcharge. 15. Notices. All notices given by Borrower or Lender in connection with this Security Instrument must be in writing. Any notice to Borrower in conaedirn with dos Security Instrument shall be deemed to have been given to Borrower when mailed by first class mail or when actually delivered to Borrower's action address if sent by other means. Notice to any one Borrower shall continue notice to all Borrowers unless Applicable Law expressly requires othorwee. The notice address shall be the Property Address unless Borrower has desunated a substitute notice address by notice to Lender. Borrower shall promptly notify bender of Borrower's change of address. If Leader speolfies a procedure for inflating Borrower's change of address, then Borrower shall rally report a change of address through that specified procedure. n " 229156 Ck0lnalrynnt core o. It r0u, aaza 1101