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��14�� '[Z. �orro�r er iN o� Released; Forbeara�ce By Lender N ot a 111raiver. ExtensYon of�he t�me for payme�t or mad�.fx�ation of amorti.zatian of the sums secured by this Security Instrument granted by Lender to BorrouTer or aaly Suc�essor�n Interest of Borro�vtrer shal�not operate�o relea.se�he��abilz1.y of Borro�uer or any Successors in Interes�of Barrflwer_ Lender shall.n�ot be requ.�red�o connme�ce proceedi:n.gs against an�r Successor�In�erest of Borrourer�r�o refuse�a ext�nd��me for paym�nt or athe�r�se modify amar�za�.on ��ie sux�.s secured by this Security Instx-ur�en�by reaso�of any demanc�rx�ad�by�ie or�ga.nal Borro�v�rer or �x�.y Successors�I-�.�e�-est of Borr��er. Anv�orbea�ar�c�by L.ende�xn ex�rc�.sang any a�ight ar rex�aedy including, �r�thou��rr�.�tatiora, I�er�der's ac�e�tance of�a�nents f.�ox�t�rd.�ersons, er��t�ies or Success�rs�n In�erest of Borro�rer�r�n amounts�ess than the a�nou�t�hhen due, shal�no�b�a wa�.ver a�ar precluc�e the exerczse af any r�ght or remedy. - '�3. J�int and Se�era[ L'rability; Co-s�gners; Successors and Assigns B�und. Borrovver cavenants and agrees�hat Borrowert s ob��gation�s and�iab��x�y shall be j oint ar�.d several. Hovvever, any Borrower who co-��gn�t�s Security Ins�rument but does not execute�he No�e�a"cQ-sxgner"}: �a�is co-s�gn�g 1;his Secur�ty Ins�rument only to x:�a..ortgage, grant a�d c�nvey the�o-s�gner's�nterest�n�he Prop�r�y under the �erms a��h�.s Secu�ity Ins�ment; �b} �s not pe�s�nally ob�xgated ta�ay�he suxns securec�by�h�.s Securi.ty �.strument; arid�c)agrees#hat Le�d��and a:ny other Bor�o�ver can agree to extend, mo�.fy, forbear or make a�.y ac��rr�od�a��.��as w�th�egard�a the�erms�f�s Securit�Ins�ru�.en��r�ie No��w�t�iaut the co-signer°s co�.sen�. Subject��the pravisions of 5ect�on 1 S, any Succ�ss�r an Interest of Borro�ver vvho assumes Borrower's ob�xgati.ons under thzs Secuxity Instrument in�writing, and is approved by Lende�, sha�I abtair�.a��of Borro�vver's r�gh�s and�ene�ts under this S�curity In.strument. Borro�Ver sha�l no�b�re�eased from Borro�xrer's obTigat�.ons and Ii�abilxty under this Security I�astru�rient u�ess I�ender agrees�o such release in �vriting. The covenants aa�.d agre�ments of this Secur�ty Instrument sha11 b�nd�except as prov�ded in Sectior� 2�}and benef�.t th.e successors and ass�gr�s of Lencier. '�4. 1L�at� Ch�rge�, Lende�-ma�ch�-ge Bonrower fees for s�r�ces�er�or�ec�i�conn.ectian v��.t�Bo�o�re�°s def�.ul�, for�e�u�os�of p�a�ecting Le�der's��erest�.n the Prop�a�r�d r�ght�u�a.der�s Sec��.y In.s�.xr�ent, ��uding, �ut n�t��u.t�c��a, �.tt��eys' f�es; �ro��t�r i�s�e�t��r��c��.�.ua�i�r�fees. �regard�� any o�her fees, �h.e�.bs��ce�f ex�ress au�hor�ty�t�s Se��ri�r�s�ent t��harge�.s�ec�c fe�� Borrotiver shal�not be c�nstrued as a pra�bit�on�n the charging of su��i fee. Lender xn.ay n��harg�fees �.hat are expre�siy pr��ibi.�ed by�his Security Instrument or by Applicab�.e La�xr_ If�he L�an xs su�bject to a Iaw which sets maximuxn l.�an char�es, and that I.aw�s�na��y iritergre�ed so�hat the�.nterest or other loan c�axges co�I�cted or to be�ollee�ed�n connec�ion with�he Loan�xceed�he perm�tt�d li.mi�s, �he�.: �a}any such Xoan eharge shal.l be reduced by the amau.nt necessary�o reduce�he charge�fl t�ie�ermitted.��mu�; ar�d�b}any sums already colleC�ed from Borro�rer�rh�ch exceeded permitted �.�:n��s�rill�e refux�d,ec��a�orrower. Lender�za�choose to�,ke th�s refur��by red:ucing�he px-ir�c�pa�o�r�c� unde�-��No�e or�y makx.x�g a dir�ct�p�.ym�nt��-o�vere If a ref�d rec�u��s��c1p�, �i��-ed:uc�ion�ll be�rea�eci a.s a p��a��re��.�n.e��v�thaut ax�y��-��ayme�t�h�g��r]�ether�r n�t�.��-e��.�ent ch�g�xs �rovrded�o�u�der�e��te}. �3orr�we�-'s accept�ce of ar��s��h.re�ic�ma�.e b�d�-ec�pa��r�� �oxro��x�r��c�nst�tixt�a wa�ver��any�ght�f act�.an�o�rotiver might h�:ve ax7sing�u�of��ch�verc�arg�. '�a. lV ot[C�s. All notices given by Borro�rer or Lender i��annection�ui.�h thYs Security I�struna.en�must be�n �vriting. Any notice to Borrower i-�.connection�ith this Security Instrurn.ent shal�be deemed to have bee�. given�o�3orrov�rer vvhen mailed by frst c�ass ma�:l or when actually delivered to B�rrovver's notzc�address if sent by other mear.�s. No��ce to any o�xe Borrower sha.�I cons�tute not�ce to al�.Borrowers unless App].��able Law express�y rec�u�re�otherw�.se. The not�ce address sha11 be�he P�o�erty Ac�dr�ss un�ess Borrav�er h�s 240Q58�5 �[EBF�45KA-Single l=amiiy-Fannie ll�fasl�reddie riliac llNIF�R�1i [IVSTRiJMEIVT Farrra 3a28�10� VMP QQ VNiP�{NE}�13fl2� �41o[zers�tl�wer Fnanciai Services Page 1'[��7