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<br />20'0804681
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<br />acceleration has occurred, reinstate as provided iil Section 19, by causing the action or proceeding to be
<br />disrilissed 'with a ruling that, in Lender's judgment, precludes forfeiture of the Property Or other material ,
<br />' impainnimt of Lender' sinterest in the Property or rights under this Security Instrument. The proceeds of
<br />any award Or claim for damages thai ate attribiltableto theimpainlient of Len(ter's interest in the Property
<br />are hercbyassignoo and shaUbepaid to Lender. ", " , ',," , "'. , " "
<br />All Miscellanoous Proceeds that are not applied to restoration or repair of the Property shall be
<br />appliedin the order provide<lforin Section 2." , " , ,.' ", ,'"',, '
<br />, 12. Borrower Not a~l~sedjIi~orbearance By Lender Not a Waiver. Extension or the titnefor
<br />paymem orniodH'ication of amortization of the StUns secured by this, Security Instrument granted by' Lender
<br />to Borrower or,' any Successor in, Interest of' BorrOWer shall nOt operate ,to release the' Habil ity 'of, 'Borrower
<br />or any Successorsinlnterest of Borrower. Lender shall not be required ,to commence, proceedings against
<br />any Successor, in Interest of Bt)J;ro',Ver or to'tefuse to extend time for payIilentor otherwise modify
<br />atnortizatioll.ofthesUhis.sec!J!ed.by this Secur~t)'InsthUIlent by reasOnofilny.demand made.by theoriginliJ
<br />BorIPweror any Sli~ssors in .1nterest of-Borrower. .i\ny.. fOl'b~arance bY,Lenderillex~rcisiJ1ganYJight or,
<br />. relJ1edY:' including,.. withoj.Jt.. limitation, .Lender' sac~ptan~e.of.paYrnc~tsfrointhird; per$o~s,. entiti~sQr
<br />... Successors in: IhtercstorBorrowerol'iti am.oimts less . than :the litnount. tMnd\ie ,shall pot be, a. waiver of . or .
<br />preelude'tlleexerciseofariY'l'lghtorremedY." .... .........,'" ': ............. . ....... ........ .
<br />.13~Jointand.sevcrar LiabjJityj 'CO;-lligncrS; StJ~cessorsand Assigris Bound. Borrovver covenants -
<br />and agrees that~orr(lwer's opHgationsandliability shall be joint and several. lIowever, atiyBorrower who
<br />co~signsthisSecurity Instrument bilt does ndt execute tlw ,N ote(a"co,sigilct"): (a}isco~signing this
<br />Security Instrument only to mortgage, grant and conVeythecb-signer' sinterest in the Propertyxmderthe .
<br />terms ot'this SecurityInstniriient; (b)'is not personallyobHg3ted to pay thc,sulns secured by this Security .
<br />Instrument; 'and (c) agrees that Len,derilnd any olhetBorrowerca'n<l.gree to extend, modify, forbear or
<br />make . arty accommodations with regard tolhe. terms of this. Security Instrt,Jmtirit or. the ,NQte ,with(jUttlie. .
<br />co"signer's consent... .. .... ... .. ... .. . ....... . .
<br />. Subject to the provisions of Section 18; any . SucCessor in Interest of Borro\ver whoassuriies
<br />Borrower's obligations under this Security Instrument in writing, and is approved by Lender, shall obtain
<br />all of Borrower' srightS and benefits under this Security Instrument. BorroWer shall not be released from
<br />Borrower's obligations and liability under this Security Instrumen.t unless. Lender agrees [osuch release in
<br />writing. 111e Covenants and agreements Pf this Security Instrument shall, bifid (except. as proVidediri
<br />SectioIi20) iUldbenefitthe successQrs and assigns of Lender; .. ... .. .,... '
<br />14. Loan Charges. Lender may charge B"rrowet fcesfor services perfonnedill connection with
<br />Borrower's default, for the purpose of prorectingLen4er's interest in the Property and.rights under this
<br />Security Instrument; including, but not limited to, attorneys' fees" property inspectionatid 'valuation fees.
<br />In regard to any other fees, the abl>ence of express authority in this Security Instruriient to ch;wge a specific
<br />fee to. Borrower shall not be collStrucdas a prohibition on the charging of such fee ~ Lender may. ri()t charge
<br />fees that are expressly prohibited by this Security Instrument or by Applicable Law. . .. .
<br />If the Loan is subject to a law which. ~ets maximum loan . charges, and that Ia"" is finally interpreted so
<br />that. the interest or other loan charges collected or to be. collected in connection with the Loan exceed the
<br />petniitted limits, then; (a) anY such loan charge Shall be reduce~ by ,the amount necessary to. reduce the
<br />charge to the permitted limit; and (b) any sums already collected from l3otrower which exceeded permitted
<br />limits will be. refunded to Borrower. Lender may choose to make. this ..refuridbyreducing the principal
<br />owed under the Note or by making a direct payment. to Borrower. If a refund reduces principal,the
<br />reduction will be treated .as apal'tial prepaytnem Without any prepayment Charge (Whether or nOt a
<br />prepayment charge is provided for under the Note), Borrower's acceptance of any such renmd made by
<br />direct payment to Borrower will constitute. a waiver of any. right of action Boi'rowcr rilight have arising out .
<br />of such overCharge. ' . . . .
<br />15. Notices. All notices given by Borrower or Lender in connection with this Security Instrument
<br />must be in writing. Any notice to Borrower in connection with this Security Instrument shall he deemed to'
<br />have been given to Borrower when mailed by first class mail or when actually delivered to Borrower's
<br />notieeaddress if sent by other means. Notice to anyone Borrower shall constitute notice to all BOrrowers
<br />unless Applicable Law eX}Jressly requires otherwise, The notice address shall be the Property Address
<br />unIessBorrower has designated a substitute notice address by notice to Lender. Borrower sna1lpromptly
<br />ilotify Lender of Borrower's change of address. If Lender specifies a procedure for reportil1g Borrower's
<br />change of address, then Borrower shall only report a chapge of address tllroughtbat. spl;:cifiec,\ procedure.
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<br />I;~JAA 0110280606
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<br />Inltlal$:L!(L~~Form 3028 1/01
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<br />.-SINEI (0407).02
<br />$
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<br />Pall. 10 <i116
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