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2oioo2sii dtsmissed with a tulittg that, in Leader's judgment, precludes farfeitltre of the Property or other material impairment of Lender's interest in the Property or rights under this Security Instrument. The proceeds of any award or claim far damages that are attributable to the impairtnettt of Lender's interest in the Property are berebyMassigtted and shall be paud to Lertder_ All iscellaneous Proceed. that ate not applied tv restoration or repair of the Property shall be applied in the order provided for in Section 2. 12. Borrower NM Released; Floe By Lender Nat a Waiver. Hatteaasion of the time far payment or modification of amortization of the sums secured by this Security I~Cntment granted by I.ender to Borrower or any Sttccessar "tn Interest of Borrower shall trot operate to release the liability of Borrower or any Stitccessars in Interest of Borrower. Lender shall not be required to commence proceedings against any Successor in Interest of Harrower or to refuse to extend tithe for payttaertt or otherwise modify atnvrtizatton of the sums secured by this Security Instrutnem by reason of any demand trade by the original Borrower ar any Succes.~vrs in. Irttetest of Borrower. Any fotitiearance by Letrcier in exercising any right ar remedy including, without limitation, Lender's acceptance of payments from third persons, entities ar Successors in Interest of Borrower or in amounts less than the amount then due, shall not be a waiver of or preclude the exercise of any right yr remedy. 13. Joirrt and Several Liability; Co-signers; Sttooessors and A~igns Bound. Hatmwer covenants and agrees that Borrower's obligations and liability shall be joint and several. However, any Borrower who co-signs this Security Instrument but does not execute the Note (a "co-signer"): (a) is co-signing this Security Inwrttment only to mortgage, grant attd convey the ao-signner's ituterest in the Ptnperty under the terms of this Security Instrument; (b) is txit personally obligated to pay the surtts secured by this Security Instntment; and (c) agrees that Lender and any other Borrower can agree to extend, modify, forbear or make any accommodations with regard to the terms of this Security Instrument or the Note without the ca-signer's consent. Subject to the provisions of Section 18, any Successor in Interest of Borrower who assumes Harrower's obligations under this Security Instrtttnent in writing, and is approved by Lender, shall obtain all of Borrower's rights and benefits under this Security Instrument. Borrower shall not be released from Borrower's obligations and liability under this Security Ittstrurttent unless Letrdex agrees to such release in writing. 'The covenants and agreententg of this Security Irtstrrtrttent shall bind (except as provided in Section 2A) and benefit the successors and assigns of Lender. 14. Lose Charges. Lender may charge Borrower fees far services performed in cvn~ction with Borrower's default, far the purpose of protecting Lender's interest in the Property atd rights under this Security Instrument, including, but not limited to, attorneys' fees, property inspection and valuation fees. In regard to any other fees, the absence of expt~ess authority in this Security InsttuttleYtt to charge a specific fee tv Harrower shall nit be wnstrued as a prohibition an the charging of such fee. Lender may hat charge fees that are expressly prohibited by this Security Ins4trum~ ar by Applicable Law. If the Loan is subject to a law which sets maatitmtm loan charges, and that law is finally interpreted so that the interest or other loan charges collected ar to be collected in connection with fire Lvan exceed the permitted limits, then: (a) any such loan charge shall be reduced by the amount necessary tv reduce the charge to the permitted limit; and (b) any sums already collected from Borrower which exceeded permitted linuts will be refunded to Borrower. Lender tray choose to make this refiutd by reducing the principal owed under the Nate 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 a prepayment charge is provided far under the Note). Borrower's acceptance of any such refiud made by direct payment to Horrower will institute a waiver of any right of action Borrower might have arising out of such overcharge. 15. Notices. All rtotices given by Borrower ar Leader in cvtubection with this Security Instrument must be in writing. Any notice to Harrower in connection with this Security Insrrurnent shall be deemed. to have been given to Borrower when mailed by first class mail or when actually delivered to Borrower's notice address if sent by other means. Notice to any ors Borrower shall constitute notice to all BnrraWers unless Applicable Law expressly requires otherwise. The ~tice address shall be the Property Address unless Borrower has designated a substiWte rtotide address by notice to L,ertder. Borrower shall promptly notify Lender of Borrower's change of address. If Lender specifies a procedure for reporting Horrower's change of address, then Harrower shall only report a change of addt+ess through that specified procedure. N~RABKA - Single Family - Farris Mae/Fraddfa Mac UNIFORM INSTRIANEii/T WITH -BA(N~1 Weta1 c~a ~a or is xaeids:g ~~ Form 3p~9 1101 803323096015 D233 355 1015