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201209490 �i ; ceC3 LenderNot a Waiver.Extensian of the timc for paymcnt❑r �I 12. BorrowerNat Released;Forbearan y i modlftcatian of amortization of the 5�1ms�ecured by Ehis SecUrity Instntment granted by Lender to Baxzuwex or any Snccessor in Intaest of Borrower sball not opera#e to release the liability ut Sunowet'or any Suc,cessars m Inter�vt nf Barrower_Lender shall.nof be reqnired tn commence proceedings against any ' Successnr in Iutcrest of Borrowcr or to refixse to e�tend time for payment or otherwise modi£y amorlization of the sums secured by this Securily Instr�unent by reason of any dem�nd mads by the original$onower ar ' any Successors iu Interest of Borrower_Auy forbeazdnce Uy Lendcr in exercising amy right or remedy including,}y1Y�10�3L IIIT1149110U,Lauder's acceptanc�af p�ymenY.s fi'om Lhird persons,entities or Succcssors in InteresL uf�onower or in amounts l�ss than tLe auiuuut then duc,shall not hc a wai�+er nf or praclude the exercise of any righf ax r�tuedy_ 13. .Oaint and Severa[Liability;Co-signers;Successarsand AssignsBound.Bornow�r covena�s and agrccs that Bortnwer'�ubligations and liability shall he joint and sevexaL However,any Borrower whn co-signa this Security Inst�ument but.does uot execute tl3e Note(a"co-sigper"):(a)is co-ei��uug this Seeurity Insh�iment only to muttgage,grant an3 convcy the co signer's interest in tho Property imdet fhe terms nf this 5eonrity Instnimen4;(b)is not persoualiy obligated to pay the sums secured by 1Juis 3ecurity Iasfrnment;and(c)a�rees#hat Lender and any ofher Borro�rer cnn a�Gee to extend,modify,forbear nr make any ar.r.nrnmodations wi#h regazd to'fhe teams of tp�i4 Security Instrument or the Note witLflut tFie co-signcr's GULSGqt. ' � � �bject to the provisions of Section 18,atiy Snccessor in luterest ofBonou�cr who assumes Barr�wcr's obligations under this Securiiy Instrunient in�taiting,and is appzoved by Lender,shall obtatn a�I of Burruwet's iights and benefits nnder tSus'Security Iustrument.13orrower shall not be xeleased fram Borrower's obligations and Iaa6ility�u�der this 5ecuriiy 7nshwx�ent unless Lender agrees to such release in +,vr�iting.The coV�ants and agreements of this 5ccruity Instrument sha11 bind{except as provided in Section 2U)aud benefit thc successors anil assigns of Lender. 14. Loan Charges.I.end'er may el3arge$orrawer fees fnr services performed in con¢ectionwith Hncrowea's , def�uk,for the purpose of prntecti�g Leuder's interest in thc Properiy and tights ander this Sec¢rify Instrnment,inoluding,but not limited to,attomeys'fee�:,propexty in�pection and vahtati.nn feas.7n rega�+d to I� any other fecs,#h�abseaee Qf express`aufihoriLy in t3�is Secarity Instniment.to charge a specific fee to j Bo�rower shall not be conslruecl as a prohibition on tlte chsu'ging o£such£ee.Lender may not r.hmr�e fees � t3�a#are expressly prohibited by this:Seourity Inshument or hy Applicable Law_ i Ff lhe Luau is subjeci to a]aw whiah sr,�s maximum loan charges,nnd tha#law ia fwally intcrpreted so that � the inferesE or ather loan chnxges ccSIeeted or to be cnllected in co�uection u+ith the Loan exnaed fhe I permitted limi#s,then_(a)any sueh loan chazge shall be reduced by the amonn#nuc�auy to reduce fhe charge to the permitfed limit;and('b)any s�s alread}�coilecied fm�u Borrawer which exceeded pe[mittcd limifs will Ue refunded to Bortov�ex.Le.nder may chnnse to malce fhis refund by reducing the pFincipal owcd I �rnder the Nute or Uy malcing a direct�aymen#to�orrow�r.Tf a refund r�iuces principal,$fe reductian will be t�'eated as a partial prepa}'imznS wilhuat any prepayment ch�rge(tVhether or not a prepayment charge is � proVidcd for under the Note).IIorrowu�r's acceptuxtee nf any auch a'efund made by direct pnyment fo I I Borrower wi�eonstitutc a waiver of any right of action Iiorrower miglat have ariaiug unt of such ovcrcharge. I 15. Notices.All nntices given by Borrower or Lender in cnnnection wirh rhis Security Instmment must ba in I writing_Any uufic�,io Iforrawcx in cnnnection with this Seeurity Insiniment shall be deemed to 3�ave been ; gevan to Sorro��er when mailed Iry first class muil nr when xclually deliv�red to Bormwar's notice address if � sent by other�ueaus_Noticc tn any ono Borrc�wer shall constitutc notice to all Snrxow�rs unless Agplir,nhle i T.aw exgressly requires otherwJse.."The notica address shall be the kruperty Address unless Borrower has , � NEf3HASKP.Single FamJy-Fannie MaelFreddie Mac UWItOPLI fNSiFEl1MENT Fortn 3928�101 ' VMP6(fJEJ(1105j.0o VMI'� � Page 11 nf 17 _ �I - WcpersKlvderFir[ancia:5erviws - III II