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201201838 12. Borrower Not Releasctd; Forbearance 13y Lender Not a Waiver. Gxtei�sion of the tnne For pnyme�it or modiflcation of aanortizatiion of tl�asmvs seotuul by tihis Security fl�sl�LUnont granted Uy Lender tio Borlower or�ny Succcssor in Intcrest c�P Borrowcr shall not operate to releasa the 1'rabili[y of Borrowcr c�r any Successors in Interest o£Borrower, Lender shall noC be requircd to commenca proceedinge �gainst nny Successor in Intarest of$orrower or to refi�se to extend rime for pnyincnt or otherwiae modify amortization of flie yums sacured by this SecLUity lnstrttmenC by reason of eny demaud madc by tl�c original Rotrower or any Sncccssors rn Tr�to��est of,Borrowar. Airy farl�earance by Lendar in exercising any right or rcmcdy including, withoul limitation, Lendc�''s acceptance ofpayments fi�om third persons, enUikies or Suwessors in Inkereat of Borrower or in amounte le,gs Chan 11ie amoimti thcn due, s1Sa11 not ba�wuvec of or pxechrcie Che exerciae of a�iy right or remedy. 13. Joint and Several Liability; Co-signers; Successors and Assigns Bound. Borrower cove„ants and agrees that�Rorrower's obligations�an3liabifity sha11 be joLrt and several. Howevex, ntiy Bomower who ca-sigas Clus Secxtri6y Hisfrmnent l�nt does noC exeoitCe the Notie(a"oo-signer"): (a)�is oo-signing this Security Inehlunent only to mortgage, grant and convey th€oo-eignex's interest in thc Property unde� the terms of this Secw'itiy Instnune�rt; (b) is not personally obligated to pay the sums seoured by fliis SeciuiCy 6zetrume��t; und(c) ugrees tl�at Lender and nny other Borrower cxn agree fo extend, modify, €orbev or meke eny accomniodations with regard Co Clie ierins of Uhis 5ecaeity Tnshwnont or ilie Note wiUiout tiha co-signer`s co�isenC. Subject to the provisione of Section I8, any Succassor in Intereut of 7�3orrower who assumas Borrower's obligalions undet tlus Security Instrnment in writing, and is approved by Lcndcr, sha11 obtain a11 of Borrowec's rights and benafitis under Uiis Secm'ity Ivstruinent. Borrower shall noti be released fron� Rorrower's ob1igallons and liability�mder this Sccurity Instr�lmc�rt wile�ss Leiider agrees to such rele�ae in v,n�iting. The covennnls aud ng�eements of tlus Secuiity Instrmnent shall bind(oxcopt as provided i�i Section 20) and benefit tlie suocessors and assi�is oP Lender. 14. Loan Charges. Lender in�y chasge Borrower f'aes for services perf'ornzed in ooimeotiou witl�Borrower's default, for flie pnepose of protecting Lander's interest in khe Property and rights under this Security f}istrntnent, inc1uding, but nc�ti limitcd to, a�ttornoys' fccs, property u�speoCion and valuation fees. In regard to any other fces; the abern�icc oF express nnlhority in Chis SecuriCy�I�ietrwncnt to cliatge a specific Pee to Boirower sha11 not be oonstrued�te a,prohibition ou the charging of such Pee. Lendcr inay not ch:�rge fees that ara cxpressly prohibttetl by this Security Tnsh�trnont or by,4pp1icable Law. If the Loan is subject to e�law which setn nzv�imua��loan chargos, and thaY law is 'Ftnallq interpretied so that the intexast or other loan chnrgea collected or to be collected in oom�iecCion with thc Loan exceed Ehe perinitted liinits, then: (aj any snch loaix cl�aage sha11 Ue reduced by the aniouut necessaiy Co reduce lhe charge tc�tho permittcd 1'rmiti; and(b) eny sums alrc�ady cotlectcd frcim I�orrower wliieh exeeeded permitted linuts will be refutided to Borrower. Lender may choose to make this refund Uy reducing tUe principal owed under the Note or by making a d'u•act pa}nnent to Borrower. Tf a refiuid reduces principal, tl�c reduotion will ba treated as a paz•tial prepayment witlrout Taiy prepayinent chaige(whether ar not a prepnyment oharge is provided for nuder tl�e Note}. Bon'ower's acceptance af auy such refund made Uy direct paymeut to Borrowcr will conetitutc a waiver oP any right o°P action Borrower migl�t hava axising out of euch overchuge. 15. Natiees. All noticcs givcn by Borrower or Lcnder in wnncctian with this Security Instrmnent niusC bein writing. Any notice to Borrower iu conneorion with this Security Instrmnent�hall ho deomed to have Ueen given tio Borrower when mailed Uy first class mail or when actually delivered to Borrower's nolice 2cidress iC sont Uy otlicr mcane. Notine Yo any one Borrowcr shal] conetitufc notice to all Bonowers tuiless Applicable Law e�ressly requires otherwise. The notice eddreas shall Ue the Propexty Addre,�s unloes 'Rorrowe� has znoaassi NEOPASKA-Single Femlly-Fennia Mue/Fretldie M ac UkIFORlv1 INSTRUPA ENT Porm 3020 1/07 VMP� � VMPA{N�(1106� Woltefs KluV�er Finanolal Sarvlaes Pege 11 of 1� �