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200207441 acceleration has occurred, reinstate as provided in Section 19, by causing the action or proceeding to he dismissed with a ruling that, in Lender's judgment, precludes forfeiture of the property or other nnterial impairment of Lender's interest in the Property or rights under this Security Insir meat. The pmucds of any award or claim for darnages that are attributable to the hnpaiman t of Lender's interest in tire Property are hereby assigned and shall be paid to Lender. Ali Miscellaneous Procceds that are not applied to restoration or repair of die Property shall be .applied in die order provided for in Section 2, 12. Borrower Not Released; Forbearance By Lender Not a Waiver. Bxlcasion of the time bur payment or nedifieatlmL of aMOrli?ation of the sums secured by this Security Instrument granted by Lender to Borrower or any Successor in Interest of Borrower shall not operate to relcasc the liability of Borrower or any Successors in Interest of Borrower. Lender shall not be required to continence proecvdings against any Successor in Interest of Borrower or to refuse to extend time fur puymcm or otherwise modify ,amortization of the sums secured by this Security In oxiantm by reason of any denear l made by the original Borrower or any Successors in Interest of Borrower. Any forbearance by I -Order in exercising any right or rcnudy including, without limitation. Lender's acceptance of payments from third persons, entities or Successors in Interest of Borrower or in amounts less their the amount there due, shall not be a waiver of rr preclude the exercise of any right or remedy. 13. Joint mid Several Liability; Co- signers; Successors and Assigns Bowed. Borrower epvcnantx and agrees that Borrower's obligations and liability shall be joint and several. However, any Borrower who co-signs this Security Instruct but does not execute the Note (a "co-signer "): (a) is co- signing this Security Instmmcnt only to mortgage, grant and convey the co- signets interest in the Property under do terms of this Security Instrument (b) is not personally obligated to pay lire sours secured by this Security Instrument: and (c) agrees that Lender and tiny other Borrower can agree to extend. modify, forbear or make :my accoarrodations with regard to the terms of this Security Instrument or the Note without the co- signer's consent. Subject lu the provisions of Section 18, any Successor in hucresl of Borrower who assumes Borrowds obligations under this Security Ittstmntent in writing, and is appiovni by IAnder, shall obtain all of Borrower's rights and benefits under this Security Instrument. Borrower shall not be rdeascd Irom Borrower's obligations and liability under this Security Instrument unless Lender a; tcca to wch release in writing. The covenants and agreements Of this Security Instrument shall bled (ewcpr as provided ice Section 20) mid benefit the successors acrd assigns of Linder. 14. Loan Chorg.. Lander may charge Borrower fees for services p.rharnd in connection with Borrower's default, for the purpose of protecting Lender's interest in die Property and rights under this Security Instrument, including, but not limited to, attorneys' fees, propeov inspection and valuation fres_ In regard to my other fees, the absemee of express authority in this Security Instrument W charge a specific fee to Borrower shall not be construed as a prohibition on the charging of such [cc _ Lender may not charge fees that are expressly prohibited by this Security Instrument or by Applicable Law. If the Loan is subject to a law whidn sets maximum loan charges, and that law is finally interpreted .so that the interst or other loan charges collected or to be collected In connection with the Loan excccd the permitted limits. than (a) any such Wan charge shall he reduced by the amount necessary to reduce the charge to time permuned limit; and (b) any sums already collected from Borrower which exceeded pertained Inuits will be refunded to Borrower. Lender tiny choose to make this refund by inducing the principal owed under the Note or by making a direct payment to Borrower. If a refund reduces principal. the reduction will be treated as a partial prepayment without any prepayment charge (whether or not o prepayment charge is provided for under the Note). Borrower's acceptance of any such refund made by direct payment to Borrower will constitute a waiver of any right of action Borrower might have arising out of such ovcratinge. 15. Notices. All notices given by Borrower or Lender in connection with this Security Instrument must be in writing. Any notice to Borrower in connection with this Security Instrument shall be deemed to have boon given to Borrower whoa mailed by first class mail or when actually delivered to Borrower's notice address if sent by other means. Notice to any one Borrower shall constitute notice to alt Borrowers unless Applicable Law expressly requires otherwise. The notice address shall be the Properiv Addic," tmluti Borrower has dcsispi a substitute notice address by notice to Leader. Borrower shalli promptly notify Lender of Borrower's change of address. If Lender specifies a procedure for reporting Borrower's clangs, of address, then Borrower shall only report a change of address through that spoulled procedure. ��61NE1 toots r,varooe ,s Fermi. 3028 1101 H 'd HE 8£5 KV 'ON Xdd 01W HWOH 09dd SIUM Wd Id :dl I8J dOOZ -zI -1M