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�410U8154 acceleration has occurred, reinstate as provided in 5ection 19, by causing the action or proceeding to be dismissed with a ruling that, in Lender's judgment, precludes forfeiture af the Property or other rnaterial impairment of Lender' s interest in the Property or rights under this Security Instxument. The proceeds of any award or claim for damages that are attributable to the irnpairment of Lender' s interest in the Property are hereby assigned and shall be paid to Lender. All Miscellaneous Proceeds that are nat applied to restoration or repair of the Property shall be applied in the arder provided for in Section 2. 12. Borrower Not Released; Forbearance By Lender Not a Waiver. Extension of the time for payment or nnodi�cation of amortization of the sums secured by this Security Instrument granted by Lender to Borrower or any Successar in Interest of Borrower shall not operate to release the liability of Borrower or any Successors in Interest of Borrower. Lender shall not be required ta commence proceedings against any Successor in Interest of Borrower or to refuse to extend time for payment ar otherwise modify axnortization of the sums secured by this Security Inscrument by reasan of any demand made by the original Borrower or any Successors in Interest of Borrower. Any forbearance by Lender in exercising any right or remedy including, without limitation, Lender' s acceptance af payments from third persons, entities or 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 or remedy. 13. Joint and Several Liability; Casigners; Saccessors and Assigns Saund. Borrower covenants and agrees that Borrower's obligations and liability shall be joint and sevearal. However, any Borrower who co-signs this Security Instrument but does not execute the Nate (a "co-signer"): (a) is co-signing this Security Instxument only to mortgage, grant and convey the co-signer' s interest in the Property under the terms of this Security InstrumenC; (b) is not personally obligated to pay the sums secured by this Security Instnunent; and (c) agrees that Lender and any other Borrower can agree ta extend, modify, forbear or make any accommodations with regard to the terms of this Seourity Instrument or the Npte without the co-signer' s consent. Subject to the provisions af Section 18, any Successor in Interest of Borrower who assumes Borrower' s obligations under this Security Instrument in writing, and is approved by Lender, shall obtain all of Borrower's rights and bene�ts under this Security Instrument. Borrower shall not be released from Borrower' s obligations and liability under this Security Instrument unless Lender a�rees ta such release in writing. The covenants and agreements of this Security Instrument shall bind (except as provided in Section 20) and benefit the successors axxd assigns of Lender. 14. Loan Charges. Lender nnay charge Borrower fees for services performed in cannection with Borrower' s default, for the purpose of protecting Lender' s interest in the Property and rights under this Secixrity Instrument, including, but not limited to, attorneys' fees, property inspection and valuation fees. In regard to any other fees, the absence of express authority in this Security Instrument to charge a specific fee to Borrower shall not be construed as a prohibition on the charging of such fee. Lender may not nharge fees that are expressly prahibited by this Security Instrument or by Applicable Law. If the Loan is subject to a law which sets maximum loan charges, and that law is �nally interpreted so that the interest or other loan charges collected or to be collected in connection with the Loan exceed the permitted lixnits, then: (a) any such loan charge sha11 be reduced by the amvunt necessary to reduce the charge to the permitted limit; and (b) any suzns already collected from Borrawer which exceeded permitted limits will be refunded to Sorrower. Lender may choose to make this refund by reducing the principal owed under the Note or by malcing a direct payment to Borrower. If a refund reduces principal, the reduction will be treated as a partial prepayment without any prepayznent charge (whether or not a prepayment charge is prpvided for under the Note). Borrower' s acceptance of any such refund made by direct payment to Borrower will constitute a waiver of any right of action Borrower might have arising out of such overcharge. 1S. Natices. All notices given by Borrpwer ar Lender in connection with this Security Instrument must be in writing. Any notice co Borrower in connection with this Security Instrument shall be deexned tn have been given to Borxower when rnailed by first class xnail ar when actually delivered to Borrower' s notice address if sent by other means. Notice to any one Borrower sha11 constitute notice to all Borrowers unless Applicable Law expressly requires otherwise. The notice address shall be the Property Address unless Borrower has designated a substitute natice address by notice to Lender. Borrower shall promptly notify Lender of Borrower' s change of address. If Lender specifies a procedure far reporting Borrower' s change of address, then Borrawer shall only report a change of address through that specified procedure. 23b952 NE6RA5KA - Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT �-6(NE) �aett> Pegeiaori5 in�t�ais: � Fprm 3028 7/07 �