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200210149 <br />acceleration has occurred. lem,I,ln as provided in Section 19, by causing the action or proceeding to he <br />dismissed with a ruling Illa ... Lender's 'judgment. precludes forfeiture of the Property or other material <br />impairment of Lender s ra,,,x in the Property or righs under this Security Instrument. The proceeds of <br />any award ur claim loo Jamaecs Ili it are attributable to the impairment of Lender's interest in the Property <br />are hereby assigned :rod Shall be paid w Lender. <br />All Mlsccll aotGm, Proceuck '.hal tire not :Ipplial Ili rellnuation or repair of the Property shall be <br />applied in the order prnidcd 101 iol Section 2, <br />12. Burrower Net Rcicased; Fndrentauce 1t, Lender Not a Waiver. Extension of the time for <br />payment or modification (it anoofl iautidu of the sums secured by this Security Instrument granted by Lender <br />to Borrower or am Successor m Interest of Roro war Shull not operate w release the liability of Borrower <br />or any Successnrs in totems 11f I S)Iwt r. Lender shall not be required to commence proceedings against <br />any Successor in Interest of Borrower or to refuse In extend lime for payment or otherwise modify <br />amortization of the sums secured hs this Security Instrument by rcason of any demand made by the original <br />Borrower or any Suocevxua in hicocst of Borrower Any fnrhearance by Lender in exercising any right or <br />remedy including. eithow limitauan. Lender's acceplanec of payments from third persons, entities Or <br />Su celaurs iu luates of Bnrrowcr or in amounts Tess than the amount then due, shall not be a waiver of or <br />preclude the excrnse of any ri In nr rcmafr_ <br />13. Joint and Farrel Liability; Cu- signers; Successors and Assigns Bound. Borrower covenants <br />and agrees that Bo, ,,, , I ohl n,atinns and Iiuhilily shall he OlIll and scvcml. However, any Borrower who <br />'o-sours this See.uh, hm"Iinent nut does not execwe the Note (a "co- signer "): (a) is co- signing this <br />Security Insirunsm ant% m n rant aid convey the co- signer's interest in the Property under the <br />terms of this Smuol. InSlrainl :u; ho IS Ito, personally uhli,,wcd Iu pay [be sure, secured by this Security <br />Instrument; and . I leers if,, I ;rdcr cud use other Borrower can agree to extend, modify, forbear or <br />make any arcOlmnu(Ilpems " IN nrganl Io the Ions (1l this Security Instrument or the Note without the <br />co- signer's consenl- <br />Subled I11 the p:ovisiun+ )I SCCIIOII 18, any Succcsor in Interest of Borrower who assumes <br />Borrower's ohlwnunlu under I'll `,county ItRlretltellt in writing, and is approved by Lender, shall obtain <br />all of Borrower's rights and ',rIM' under this Sceurny loarij ncal. Burrower shall not be released from <br />Borrower's obligations aid habihlb uuclei this Security Instrument unless Lender agrees to such release in <br />writing. The covenant. and agnrn:cnts of this Secants Instrument shall bind (except as provided in <br />Seeder 20) laid L,r,Ijl the sueccssor. and assigns of Lcndcr. <br />14. Luau Char,os. Lender near charge Borrower tees for services performed in connection with <br />Borrower's default for the p,Ipmc of prttucrin, Lender s Interest in the Property and rights under this <br />Security InslrumeIa In(ludim_. 1(1 not limited to, ait➢rncya' fees, property inspection and valuation fees. <br />In regard m :ury other 1ecs. We sb.encc of cxinuss authority in this Securi ty Instalment to charge a specific <br />fee to Borrower shat) oat be cneclrnrrl as a pru blion on the charging of such fee. Lender may not charge <br />fre, that arc I'll'-L ?r oh i bi i cd. '1, this SM[] IIy 111,11 Mulct or by Applicable Law. <br />If [lie Loai is suhjcn m a Ltle which -sets maximum Io:m charges, and that law is finally interpreted so <br />that the interest 0, 1111,,, loam dcuic. wtllcwell 111 Io he collected is connection with the Loan exceed the <br />permitted limits, then :.:al arc suds Io,ri charge Shull be caked by dtc anatmtt necessary to reduce the <br />charge to the pernuued Iorol, :rod :I I an, sum, alrcudy collected from Borrower which execedcd permitted <br />limits will be mfuoC(d IO Bnrrlocr Ruder Iiaf 1111111,11 m make this refund by reducing the principal <br />Owed under the Vora <, he oral: i direct pavtncnl m R,,, wcr. If a refund reduces principal, the <br />rcduchou will he nc::wd as .1 1) [J'l Prepay mum without any prepayment charge (whether or not a <br />prepayment drui. .s o is I. .luck, the Netc) B ,tmwer s acceptance of any such refund made by <br />direct pavment to 1; v: yt I : m Luc : vva tit of an•, right of action Burrower might have arising Out <br />Of Such 11yere1Iarel <br />15. Notices. s nol,,,S r ,vi by Bor11wet of Lcndcr In connection with this Security Instrument <br />must be In scut,: , :I t )ll- k, it ,rower in connection Srjrh this Sexuriry Instrument shall he deemed to <br />have been ntvcn ... Bon11St -o ., aan medcd bs Ilot cl:IS add or when actually delivered to Borrower's <br />notice address it sent Ica ahal .1 , ,I, A4vicu to any ere Boo sneer shall constitute notice to all Borrowers <br />unlc„ Applicahlc I spo c..S raqutres othI11111 111r c,iiec cadres, shall be the Property Address <br />unless Borrnsycr hw. thslgiawd a x:bsllwtc notice br notice to Lender. Borrower shall promptly <br />notify Lender of Ito .rues cr's ( ane, OI address_ If Lcndcr spaahcs a procedure for reporting Borrower's <br />Clause of address. ;hcn Bofro,, I shall only report a change of address through that xf rrific l procedure. <br />( -61NE) Form 3028 1/01 <br />m <br />