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<br />200807872 <br /> <br />acceleration hasaccurred, reinstate. as pravided in Sectian 19, by causing the actian ar praceeding to. be <br />dismissed with a ruling that, in Lender's judgment,precludes forfeiture of the Property or other material <br />impairment afLender.'s interest in the Property arrights under this Security Instrument. The proceeds of <br />any award ar claim far damages that are attributable to. the impairment af Lender's interest in the Property <br />are hereby assigned and shall be paid to. Lender. <br />All Miscellaneaus Proceeds that are nat applied to restaratianar repair of the Property shall be <br />applied in thearder provided far in Section 2. <br />12. Borrower Not ReIeased;Forbearance By Lender Not a Waiver. Extensio.n af the time for <br />payment or modificationaf arnartizatianofthe sums secured by this Security Instrument granted by Lender <br />to. Barrowerar anySuccessar in Interest afBarrawer shall nat aperate to. release the liability af Barrawer <br />ar any Successars in Interest of Barrawer. Lender shall nat be required to. cammence proceedings against <br />any Successor in Interest afBarrawer ar to. refuse to. extend time far payment ar otherwise madify <br />amartizatian af the sums secured by this Security Instrument by reasan af any demand made by the original <br />Barrawer aranySuccessars in Interest af Barrower. Any farbearance by Lender in exercising any right ar <br />remedy including,withautIimitation, Lender's acceptance af payments from third persans, entities or <br />Successors in InterestafBarrower o.rin amo.unts less than the amaunt then due, shallnat be a waiver o.f o.r <br />preclude the exercise af any right or remedy. <br />13. Joint and Several Liability; Co-signers; Successors and Assigns Bound. Barrawer cavenants <br />and agrees that Barro.wer's.abligatians and liability shall be jaint and several. Hawever, any Barrawer who. <br />co.-signs this Security Instrument butdaes nat execute the Nate (a "co.-signer"): (a) is co.-signing this <br />SecurityInstrumento.nIy to. martgage, grant and canvey theca-signer's interest in the Property under the <br />terms af this Security Instrument; (b). is nat perso.nally abligated to. pay the sums secured by this Security <br />Instrument; and (c) agrees that Lender and any ather Barrawer can agree to. extend, madify, farbear ar <br />make any accammo.datians with regard to. the terms af this Security Instrument ar the Nate withaut the <br />ca-signer's Cansent. . <br />Subject to. the provisians af Sectian 18, any Successar in Interest af Barrawer who. assumes <br />Barrawer's abligatio.ns under this Security Instrument in writing, and is appro.ved by Lender, shall abtain <br />all af Barrawer's rights and benefitsunder this Security Instrument. Barrower shall nat be released fro.m <br />Barrower's abligatiansandliabiIity under this Security Instrument unless Lender agrees to. such release in <br />writing. ThecaveIiants and agreements af this Security Instrument shall bind (except as provided in <br />Sectian 20) and benefit the successars and assigns af Lender. <br />14. Loan Charges.. Lender may charge Barro.wer fees far services perfarmed incannectian with <br />Barrawer's default, for the purpase af protecting Lender's interest in the Praperty and rights under this <br />Security Instrument,including, butnat limited to., attarneys' fees, property inspectianand valuation fees. <br />In regard to any atherfee~, the absenceafexpressautharity in this Security Instrument to charge a specific <br />fee to. Barrawershall natbe co.nstrued asaprahibitian an the charging af such fee. Lender may nat charge <br />fees that are expressly prahibited by this Security Instrument ar by Applicable Law. <br />If the Loan issubjec~ toa law which sets maximumlaan charges, and that law is finally interpreted sa <br />that the interest arather loan charges callected ar to. be callected incannectian with the Lo.an exceed the <br />permitted limits, then: (a) any such loan charge shall be reduced by the amaunt necessary to. reduce the <br />charge to the permitted limit; and (b) any sums already callected fram Barrawer which exceeded permitted <br />limits will be refunded to. Borrower. Lender may chaase to. make this refund by reducing the principal <br />awed under the Nate ar by making a direct payment to. Barrower. If a refund reduces principal, the <br />reductian will be treated as a partial prepayment without any prepayment charge (whether ar nat a <br />prepayment charge is provided far under the Nate). Barrawer's acceptance af any such refund made by <br />direct payment to. Bo.rrawer will canstitute awaiver of any right af actian Barrawer might have arising aut <br />af such avercharge. <br />15. Notices. All notices given by Barrawer ar Lender in cannectian with this Security Instrument <br />must be in writing. Any notice to. Barrawer in cannectian with this Security Instrument shall be deemed to. <br />have been given to. Barrower when mailed by first class mail ar when actually delivered to. Barrawer's <br />natice address if sent byathet means. Natice to. any ane Barrawer shall canstitute natice to. all Barrawers <br />unless Applicable Law expressly requites atherwise. The notice address shall be the Property Address <br />unless Borrower has designated a substitute natice address by natice to Lender. Barrower shall promptly <br />notify Lenderaf Barrower'schange afaddress. If Lender specifies a pracedure far reparting Barrawer's <br />change af address, then B.orrower shall anly repart a change af address through that specified pracedure. <br /> <br />~ 0130283368 <br /> <br />G-6GINE) (00051.01 Pagd10ot15 Initials: Form 3028 1/01 <br /> <br />~ ~~ <br />