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20�1�56�� <br />dismissed with a ruling tY►at, in Lender's judgment, pzecludes forfeiture of the Property or other nnaterial <br />impairment of Lender's interest in the �'ZOperty or zights undez t1�is Security Instrum�nt. The proc�eds of <br />any award or claim for damages that are athixbutable to the impairment of Lender' s interest in tr►e I'zoperty <br />axe hereby assign�l and sha11 be paid to Lendex. <br />All Miscellaneous i'roceeds that are not applied to restoration or repair of the Property shall be <br />applied in the ozder provided £or in Section 2. <br />12. Borrower Not Releaxd; Forbearance By Lender Not a Waiver. Extension of the time for <br />payment or modification of amorti7ation of the stuns secared by this Sesurity Instrument grPmted by Lender <br />ta Borrower or any Successor in interest of Borrower shaIl not operate to release the liability of Borrower <br />or any Succ�sors iun Interest o£ Boirower. Lender shall not be requirec3 to co�aence proccedings against <br />any Successor in Iaterest of Borrower or to refuse to extend time for payment or otherwise modify <br />amortizatian of the sums secured by this Secinrity Instrument by reason of any demand made by the ori�inal <br />Bonower or any Succe,ssors in Interest of Bonower. Any fozbearance by Lender in exercising any right or <br />remedy including, without Iimitation, Lender's acceptance of �yments from third persans, e�ntitie� nr <br />Successors in Interest of Borrower or in amowr�s le.as than the amount then due, shall not be a waieer of or <br />preclude the exercise of any right ar remedy. <br />13. Joint and Several Liability; Casigners; Snccessors and Assigns Bound. Borrower covenants <br />and agrees that Borrower's obligations and liability shall be joint and several. However, any Boirower who <br />co-signs this Sex�n°ity Instrument but doe.s not execute the Note (a "co-signer"): (a) is co-signing t]us <br />Security Instrument only to mortgage, grant and convey the co-signer's interest in �e Progerry under ihe <br />tenms of tlus Security Inst7ument; (b) is not personally obligated to pay the sums secured by this Security <br />Tnstrument; and (c) agrees that Lender and any other Brnrower can agree to extend, modify, forbear or <br />maice any accommodations with re�ard to the tenms of this Security Inst�vment or the Note without Che <br />co-sigaer. s consent. <br />Subject io xhe provisions of Section 18, any Successor in Interest of Barrowez who assu�mes <br />Bonower's obligations under this Security Instrutnent in writing, aad is a�proved by Lender, sb.all obtain <br />a11 of Bonower's rights �d benefits under this Security Instrument Banower sha11 not be zel� from <br />Borrower's obligations and liability under this Security Instrument unless Lender agree.s to such release in <br />writing. The covenants and agreemems of this Security Instn�meat shall biad {e�ccept as provided ia <br />Section 20) aad benefi4 the succe,ssors and assigns of Lender. <br />14. Loan Gfiarges. Lender may chazge Borrower fees for services performed in cannection with <br />Borxower's default, for tha pw�wse of protecting Lender's intere.st in the Progerly and right� under this <br />,,S'��� T�netntmpn� iACilldlll� 1n1L IIOt ilII]1tCQ t0 attorneys' fees, proPem' inspection and valuation fee.s. <br />Ia regard to any other fees, the absence of express authority in this Secu�rity Instnime�nt to charge a specific <br />fee to Bonower shall not be constiued as a prolubition on the charging of such fee. Lender may not charge <br />fees that are expressly prolubited by this Security Instrument or by Applicable Law. <br />If the Loan is subject to a law which sets maximum loan charg�, and that law is finially internreted so <br />that the interest or other loan charges colle�tted o�r to be collected 'm comiection with the Loan exceed the <br />permztted limits, then: (a) any such loau charge shaU be reduced lsy the ainount nece.ssazy to reduce the <br />charge to the pzrnutted limit; and (b) any sums already collected from Borrower wlvch exceeded permitted <br />li.mits will be refunded to Bozz�ower. Lender naay choose to make this zefund by reducing fhe principal <br />owed under the Note or by making a direct paynaent to Bonower. If a refim�d reduces principal, the <br />reduction will be treated as a paztial prepayment without any prepayment aharge (whethe�r or not a <br />prepayment charge is provided far under the Note). Borrower' s acceptauce of aay such re�und made by <br />dizect payment to Borrower will constitute a waiver of any right of action Borrower might have arising out <br />of such overcharge. <br />15. Notices. All notic�,s given by Borrower or Lender in conneckion with this Securiry Instnimment <br />must he in writin�. Any notice to Borrower in connection with this Security Instrument shall be deemed to <br />have been given to Borrower wheu mailed by first class mail or whea actually delivered to Bonower' s <br />uotice address if sent by other means. Notice to any one Bonower shall canstitute notice to all Horrowers <br />unless Applicable Law expressly requires othervvlse. 'Tlxe notice address shall be the Property Address <br />unless Borrowesr has desigaated a substitute notice address by notice to Lender. Borrower shall promptly <br />norify Lender of Bonower's change of address. If Lender specifies a procedure for reporting Bonovsrer's <br />change of address, then Borrower sha11 only report a change of address through that spec�fied procedure. <br />2200I49668 D V6ANE <br />PI�ASKA - Single Famlly - Fannie MaelFreddte Mac UNIFORM INSTRUMENT W MER�S <br />�-8A(N� tosiol ae¢a so or is �nwa��� •�7 ��� 3028 1101 <br />C�1 <br />