Laserfiche WebLink
� <br />dismissed with a ndir►g that, in Lender's judgment, precludes forFeiture of the Property or other material <br />impairment of Lender's interest in the Property or rights under tbis Security Inshvment. The proceeds of <br />azry award or claim for damages that are atMbutable to the Impairment of Lender's inierest in the Property <br />are hereby assi�ne� and shall be paid to Lender. <br />All 11�ilsce�lianeous Proceeds thai are not applied to restoration or repair of the Property shalt i� <br />applied in the order provided for in SecHon 2. <br />12. Borrower Nat Relossed; Forbearance By Leader Nat a Waiv�. Extension of the time for <br />payment or m�ificaHon of amortizaflon of the sums �cured by this Security Instrument granted by Lender <br />to Borrower or any Successor in Interest of Borrower shall not operate to release the liability of Borrower <br />or any Successors In Interest of Borrower. Lender shall not be required to commence proc:eedings against <br />any Successor in Interest of Borrower or to refuse to extend time for gayment or otherwise modify <br />amortization of the snms secured by this Securlty Inshvment by reason of any demand made by tlte orIginal <br />Borrower or any Suce�sors in Interest of Borrower. Any forbearance by Lender in exercis3ng arry right or <br />remedy includ3ng, withont limita8on, Lender's acceptance of payments from third persons, en8ties or <br />Successors in Interest of Borrower or in amounts less than the amount then due, shall not be a waiver of or <br />preclude the exerdse of any r�ght or remedy. <br />13. JoiQt and Several Liab�7iiy; Co-dgners; Sucr�ssa�rs and Assigns Bound. Borrower covenar►ts <br />and agrees that Borrower's obllga8ons and liability shall be joint and several. However, any Borrower who <br />co-signs tbis Security Instr�ment but does not execute the Note (a "co-signer"): (aj is casigning this <br />Securlty lnstrument only to mort e, grant aad coavey tlie co-s�lgner's interest in the Pro�rty under the <br />terms of this Security Inswment�) is not personally obligated to pay the sums secured by_ t6is Securlty <br />Inshvment; aad (c) agees that Lender and any ather Borrower can agree to extend, modify, forbear or <br />make any accommodations with regard to the terms of Wis Security Instrument ar the 1Vote wirhout the <br />casi er's causent. <br />�ubJect to the provIsions of Section 18, any Successor in Interest af Borrower who assumes <br />Borrower's obligations under this Security Instrument in writing, and is approved by Lender, shall obtain <br />atl of Borrower's rlghts and bene8ts under this Security Instrument. Borrower shall not be released from <br />Bnrrower's obligations u►d liabillty under this Securlty Insvument unless Lender to sucl� release in <br />writing. The covenants and agreements of this Security Instrwment shall bind except as provided in <br />Section 20) and bene8t the successors and assi�ns of I,ender. <br />14. L�a Charges. Lender may charge Borrower fees for services performed in connection with <br />�orrower's default, £r,r the purpose a+f psotec� Lea�der's incerest in the Progerty and rlghts under triis <br />Security Inshvment, including, but not limited to, attorneys' fees, property inspectton aad valuatlon fees. <br />In regard to any ather fees, the absence of express authorlty in this Securlty Instrumem to charge a spedfic <br />fee to Borrower shall not be constru� as a prohibitlon on the charging of such fee. Lender may not chazge <br />fe�s that are expressly rohibited by this Securlty Instrument or by Applicable Law. <br />If the Loan is sub�ect to a law which sets maximum loaa charges, and that law is finally interpreted so <br />that the interest or other loan cbarges collected or to be collected in connectilon with the Loan ea�ceed the <br />�rmitt� limits, then: (a) any such loan charge shall be reduced by the amount necessary to reduce the <br />charge to the pern�itted Ii�nit; and @) any sums already collected from Borrower which exceeded permitt� <br />l�mits wllt be refundetl to Borrower. Lender may choose to make this refund by reducing the prindpal <br />owed under the Note or by making a direct gayment to $nrrower. If a refund reduces prfndpal, the <br />reduction will be treated as a partial prepayment without au3v prepayment charge (whether or not a <br />prepayment charge is provided for under the Note). Borrower's acceptance of any such refi�nd made by <br />dlrect payment to Bortower will con�titute a waiver of any right pf action Borrower mi�ht have arising out <br />of such overcharge. <br />15. Noticea. All notices given by Borrower or Lender in connedion wlth d�is Security Lastrement <br />must be in writing. Any notice to Barrower in connedion with thls Security Instrument shall be deemed to <br />have been given to Borrower when mailed by flrst class mail or when actually dellvered to Bonower's <br />notice address if sent by other means. Notice to aiuy one Borrower shall consfltute noflce to all Borrowers <br />unless Applicable Law expressly requires otheiwi�. The notice address shall bP the Praperty Address <br />unless Bonower has designated a subst�fute nodce address by notice to Lender. Borrower shall prompdy <br />notify I.ender of Borrower's change of address. If Lender speci8es a procedure for repc►rting Bonower's <br />change of address, then Borrower shall only report a c6ange of address thmugh that spectf�ed procedure. <br />001122399875 Cit�tartgage 3.2.45.41 V2 <br />SYCA - Singie Famity - FsnNe Mae/F�ddle Mac UNIFORM lNSTRUMBJT <br />� A(Nq (osio) �e �o m�s i�uc�s: Form 3028 1/01 <br />