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201201759 12. 6nrrower Not Released; Forbearance ay Lender No4 a Waiver, L+xtensiou nCthc ti,n�for payment or modifica�tioii of aanortizatron of tl�e suins secured by tl�is Secw'ity H�st��ttment granted bg Lender to Borrowor or any Succcsyor ii� Tnterest o�PBorrowcr sl�al(not operate to rele�tse the liability of Borrower or aziy Suaceasors in Inlereeh of Boirower. Lender sha17 nof be iroquircd to cotmnence procaedhige against 1ny Suooesaor in Interest of Borro��er or to xefiise to�xtend rime for payment or otherwise inodify ainortiaakion of(1xe swna secured by tlus Security InsUwnent by renson of any demand made Uy tl�c c�riginal Borrower or any Successors in LiEerest nf 13orrower. Any forbeuance Uy Lender in exercising any riglit or retnedy including, wi�l�outi limitation, Lenc{er's �ccepLflnce of�syn�onts from tlzird�ersons, entities or Succeseore in InYereat of Boxrower or in aviounta less�lien the amount then due, sliall not Ue a waiver of or preclude tlie exercise of tuiy right or remedy. 13. Joint and Several Liability; Co-signers; Successors and Assigns Bound. 13orrower covenants nnd agrces fl�aY Borrowcr's obliga6ion.s and lial�ililyshall bejnivt and scveral. .However, any Boirower who �co-signs Chia Seci�rity Instrument but does not execuCe Che NoCe(a"co-signer"): (a) is co-signiu�;this Seeuriry Inetruu�ent only to mortg�ge, grant and convey Hie co-signer's inCerest in th�Proportq under the texms oP this Security Tnstrwnent (U) is not personally obligated to pay the smn.s aeom�ed by ehis Security Inatiument; arid(c) agrees that Lender a�id a�iy other Borrower can a�grea to extend, modify, forbear or m�ke any acco»nuodations with rcgard to ihe torms of tivs Sccurity lnsh ume�it or the Notie wiYhouT�the co-signer's oonseut. SubjecC Co tihe provisions of Sec6on 18, any Sueoessor in Interest of Borrower who aesumes k3�rrower's oUlig�tion�undex this Secm•ity Inst�wnent in writing, aaid is approved by Lender, shflll oUtniu all of Borrowes's rights aiid benefita unde��tl�is Security]nsh�utnent. F3on�ower shall not be raleased from Roia�ower's obligations and]iabilitq widor Lhis SecuriCy Instrunlent unless]..euder agrea�s to such release in writing. 'I'lie uovcn�ults and agreements of 11iie Secuxity InstrLUnent sl�all bind(cxcept as providcd in Section 20) and Uenei"il tke successors ancl assipis of Lender. 1 A. LOan ChaYges. Lcndcr n�ay charge Borrower fee� Por seiviees performed in connectioi�with Rorrower's defaulf, Por the purpose of protecting Lender's interesE in the Property and rights under this Seci�ri[y Iustrwnent, including, bnt not limited to, attori'ieys' fees, property inspecCion and valuation fees. In regtucl to any other fees, the absence o�P exprese authority in this Se;curity Inst��umcnt to ch�rge a specific fee fo Borrower shall nol be covetrued as a.prohibiCion on the chaA•ging of suoh fee. Lender may nof oharge£ces that are expressly pro1�ibited by this Su;in�ity Iustruu�ent�or by Applicnblc Law. if tl�e Loa�n is subject fo�a law wl�iclt sete maximum lc�an chargos, ancl that law is �tinally interpreted so tha�t thc intcrest or othct loan aherges collecfed or to be colleoSed in cunuecNon witl� the Loaux exoecci the permiCCed limiC�, then: (a) aray such lo�n ch�rge sh�ll be reduoed by the amoimC necossa�y to reduce thc charge to the permitted limik; uid(b) any swns zlre¢dy collected from Borrower which exceeded pennitCed limits will Ue refiwded to 13�rrower. Lender may choosa to n�ke tlus reftimd by redueing the principal owed under tl�e Note or by malang a direot payment to Borrower. If a rcfund reduces principal, Uie reduction will be treated ns a par6ial prepaytnent withouC nny prepaynient cherge(whether or not a�arop�ynicnt chargo is provided for mider tha Nofe). ]3orxower's acceptance o£any such refmid mada by direct payment to Borrowor will conntitutc a wniver aP v�y right of ac�ion Borrower migl�t have arising out of stiich overohaige. 15. Notices. A11 notrces given by Borrower or Londer in conneclion wifl� tivs Security HisUument�nust be in wriCing. Any notioe Co IIorrower in ooxmeotion with this Seciu•iCy Inatritn�ent ahall b�dee�ned to I�ttve been given to Boirower when mailed by �FirsY class mail or when actually delivered to Borrower's notice address if sent Uy other means. Notice to a�ry one B'orrower shall coustiCUte noYice to all Borrowers nnless Applionbla Law expreesly requires otherwise. 'Che notice adcU ess shal]be the ProperCy Acidress unless Borrower hfla 2J000505 NEeFASKA-Sing le Pamlly-Pannle A7 aeffreddle�A ec UNIFONh1 INSI'RUh1 ENT Form 307.8 i 1D 1 VMP x� VMP6(NE1(11051 Wollers Kluw�ar Finenoiel 3ervlaea Page fi of 17