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200800270 , . acceleranon has occurred, reinstate.as provided ID.' Section 19, by ca1,L$~g the action or proceeding: to be dimJi$se<l with a ruling that, in Lender's judgment, precludes forfeiture of the Property or other material impairment of Lender's intereSt in the Property or rights under this SttUrity Instrument. The proceeds of any awstd or claim for damages that are attributable to the impainnenr of Lender's interest in the Property are hereby assigned and 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 SectiOD 2. lZ. Borrower Not Released; Forbearance By Lender Not a Waiver. Extension of the time for payment or modification of amortization of the sums secured by this Secu.ritr InstIwne;nt granted by Lend.er to Borrower or any Successor in Interest of Borrower shall not operat!!: to release the liability of BOlTOVler OJ;' My Successors in Interest of Bdrrower. Lender shall not be'required to commence proceedings against any Successor in Interest of Borrower or to refuse to extend time for payment or otherwise modify amonization of th~ sums secure<l by tbj.$ Securi1Y Instrument by reason of any d~d made by the origUtal. Borrower or any Successors in Interest of Borrower, Any forbearance by Lender in exercising any right OJ;' remedy including, without limitation, Lender's acceptanee of paymen~ from third persons, entities or Successors in Interest of Borrower or in amo\mts less than the amount then due. shall not be a waiver of or preclude the exercise of MY right or remedy- 13. Jomt and Several )'.,lability; Co-signer5; Suc:ces.50rs and Assigns :Bound. Borrower CQVeJW1ts and agrees that BorroweJ;'s o\')Iigations ane liability shall be joint and several. However, any aon'Ower who C<Higns this Security Instrw::O.ent but does not execute the Note (a "t;Q-$AgnerP): (a) is C<rslgnWg this Security Instrument only 10 mortgage. grant and convey the ro-signer's interest in the Propeny under the terms of this Security lnSt1'ument; (b) is not personally obligated to pay me sums secured by this Security Instrument; iW.Q. (c) agrees that Lend.!1' antl any other Borrower can agree to extend, .modify, forbear or make any accommodations with regaJ;d. to the terms of this Security InstnUIlent or th~ Note without the co-signer's consent. . Subject to the provisioDll of Section 18, any Successor i11. Interest of Borrower who asS\lIIleS Bmrower's obligations under this Security Instrument in writing, and is approved by Lender, shallObrain all of Borrower's rightS and bene.fitS under this Security InstrUlnf:nt. Borrower sMll not be released from Borrower's obligations and liability under this Security lnstrument unless Lender agrees. to such relwe in' writIDg. The covenants and. Jgteements of this Security lnstnunent shall bind (except as provided in Secti0l120) and benefit the successors and assigns of Lender. 14. Loan Charges. l.tnder may charge Borrower fees Jar services performed in connection with Borrower's default, for the pwpose of protecting Lender's interest in the Property and rights und.er tb~s Security Instrument, including, but not limit~ to, attomeys' fees, property inspection and valuation fees. In regard to any other fees, the absence of express mthority in this Security In!tt'Wnent to charge a. ~flc fee to :Borrower shall not be COD.$ttUed as a prohibition on the charging of such fee. Lender may not charge , fees that are expressly I?rohibited. Oy ibis Security Instrument oX' trY Applicable La,w. If the Loan is'subJect to a law which sets nwtimwn loan charges, and that law is fmally inteIpreted so that Ute interest or other loan charges collected or to be collected in connection with the. Loan exceed the pmn\ttm limits, then: (a) any such loan charge shall be reduced by the amount necessary to reduce the charge to the pennitted limit; and (b) any sums already collected frOrt'J. Borrower which exceeded permitted limiU! wjl~ be refunded to Borrow&'. Lender may.choose to make this refund py reducing the principal owed under the Note or by making a d.irec:t payment to Borrower. If a refund reduces plinc:ipal, the red.uction will be rleated as a ptutial prepayment without any prepayment ch~ge (whether or not a prepayment charge is provided for under the Note). Borrower's acceptance of my SQCh refund made by direct payment to Borrower will constitute a. waiver of any right of action Borrower might have arising out of such overcharge. IS. Notices. All notices given by Borrower or: Lender in connection with this Security Insrrument must be in writing. AIly nOlice to Borrower in connection with tbi5 security Instrument shall Oe deemed to. have been given to Borrower when mailed by first class mail or when actually delivered to Borrower's notice aclclress if sent by other means. Notice to any ODe Borrower shall constitute notice to all Borrowers unless A.ppIicable Law expressly requires otherwise. The notice address shall be the Property Address unless Borrower has designated a subSUMe notice address by notice to Lender. Borrower shall promptly. notify Lender of Borrower's change of address. If Lender specifies a procedure for reporting Borrower's eh~ge of address, then Borrower shall only report a change of address through that specified proced.ure. l~ir.BI8:~ G..EillllElIOOO51 l8' paca'Q of'~ Form 3028 1 fO 1