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201201691 12. Borrower Not Released; Forbearance By Lender Not a Waiver. I?xcension of tl,e time fo��paymcnt or modific��tion of ainocUzation of tke sums seow�ed by t1�i8 Security Instr�imcnt bn'antcd by Loi�dcr to Borrower or any Suceessor in Interest of Borrciwer shal] not operatc Co release the li2bili�y of Borrower or nny Suoceysors in Intere.9t of Borrower. Lender shall not Ue required to cnmmence pxoceedings against aziy S`�icccssor in Infexest of Borxower or to refuse Yo exYend time f'or payment or otherwise modiiy a�nortization of the sums seotued by tlus Sectu'ity Instruinent Uy reason of any doinand iliade by khc otiginal Borrower or auy Successors in luterest of 13orrower. Any forbcarttncc 6y Lcnder in exercising any righC or remedy inclnding, withouY litnitltion, Lender's aocepfance o£pnymente fi•om third pereons, entities or 3uccesaors in InfexesC of Borrower ar in ainounts less thfui the ainotuit than due, sl�all uot Ue a wa.iver of or l�recludc tl�o exercise of eny right or reinedy. 13. Join4 and Several Liability; Co-signers; 5uccessors and Assigns Bound. Borrower coven�uns and agrees that Barrower's oUligntiona atld liebilitiy sl�all be joint and several. Howevet, nny Bonrower who co-signs Chis Security instrumcnt buC does not execute the Note(n "co-signer"): (e) is co-signing(his Secw�ity 1nsLrumenC oi�ly Co inortgage, grant end eonvey the co-siguer's inYerest in Uie Pi�opert�y m�dor the Isnns of fhis Security Iustrument; (b)is not personally oUligeted to pay the sums sccured Uy this Seoi�rity Instrtunent; eiid(c) agrees that I,eude��and any other Borrower can agree w extend, modify, forbe�r or inalce any accommodations wiYh rcgard 6n Che ferms of this Security Insh�wnent or the Note witLiout tihe co-sibmer's conscnL. Sub,jcet to the provisions of Section 18, any Successor in Inteiest of Borrower who xsstiuncs k3orrawcr's ol�ligalions under�this Security I�isYrumenti iu writing, anci is approvcd by Lcnd�r, shall obCain�11 of Borrower's rights and Uenefits under t1�is SecuriCy Insh'umenC. Bpxrower sball not be released from Borrower's oblig�ttious and liability widcr tl�is SecnriLy Instrument unles Lender egrees to such release in writiiig. "I'he c�avcnnnts and agreeinents of this Security Inst�'ument sha11 bind (except as provided in SeeCion 20) and beneCt the successors nnd t�ssigns of Leiidei. 1 a. I_oan Charges. Lenciex m�y chazge Borrower fees for services perfonned ii� conncctic�n wiU�Borrowe�'e dePault, for the pw•pose of piroteoting I,end�'s intccost in fl�o Properly end rights nnder this Security Tnehument, includipg, bnt nUf limitc,-ci to, atlorneys' fees, property inspection aud valuation fees. In regaid Co eny otl�er fecs, Cl�e 2bsance of expresa authority in tl�is Secm'itg Insh�ument to cl�argo a spcci�ic Pee{o Borrower ehall not be oonsYrued as a prol�ibition oi�thc chazging of such fee. Lender may not charge fee.9 fliat aE'e expressly prohibited by tlue Seourity InstrwnenY or by ApplicaUle Law. If the Lo2ui is sub,ject to a 1a�v wl�ich sel�iv2ximum loan chu•ges, end tihat lttw is �tinally iuterpreted na that flie interest or otUer loan charges oollected or to be colleotied in connection witU thc Loan oxoeed Che permittcd linuts, then: (a) any such loazi charge sl�all lie redLiced by thc an�ouut necessar}�to reduce the cha�ge to the permitted liinit; and(b) any eixms ah�eady oollected froin Borrower which exceeded permitted liinits will berefimded to Borrower. Lender may ohoose to m�lca tliis reftuid by redncing fl�e piincipal owed under thc Note or by n�eJting a direct payinent to Botrower. If a refimd reduccs principal, fhe xeduction will be treated as p pnitial prep�piuenC without ctny prcpay�ncnt cha�ge (whether ox not a prepayment eharge is provided tbr under thc Notc). Borrower's acceptance oF any euch refund ms�de by clirect pa5nnent to ]3oirowa��will consCitule a waiver of any right of aation Ronnwer raight l�avc arising ouT of such overchaxge. 15. Notiees. Al1 notiecs given by Boxxower or Lender in comieeGon wit7i t1�is SecLirity insCrun�cnt inus[be in writirtg. Ai�y, uoLice to Borrow�r in eonnectioil with this Security Instrume��t shall be deemed to hnve been given lo Borrower rvhen mailed by firat class mail or wl�cn actnally deliverecl Uo Borxower'a notica addrees if sent by othei means. Nofice to any one Borr�>wer sh�ll cons[i6ute notice to ell Borrowers unless ApplicaUlc Law expresslv rcquiros othrn��ise. The notice adclress shall be the Propertiy Addres nnless 13orrowor has zqaooaa� N[ORASK�-Single Famlly-�annlaMee(Fretldle PAac UNIFORM INSTRUMFNT Form 30?.6 V07 VMP� VMPA(NEf(1.'f051 Woltera Kluwer Wlnanela18ervices Page 11 of 17