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��14��777 ��. Bnrrower Nvt Releas�d; Forbearance By Lender Not a 1Naiver. Ex�ension of the time for pa�ment or modificat�on of amortization of the sums secured�y �his Security�nstrumen�granted by Lender�o Barrower or any SucGessor�n Interest of Barrower shaii nat operate to re�ease the liabili�y of Borrawer or any �u�c�s�ors in�n��rest of Borrflv�er. Lender sha��not�e required ta cflmmence proc��d�ngs agair�s� any Successor�n In�erest of Borrower�r�a refuse to extend t�me for paym.ent or o�h�rwis�mod�fy amortiza�ion of the sums s�cured b�t�is �ecur��r �nstrument��reason of any demand made by the ariginal Borr�wer ar any Su�cess�rs in In�ere��of�orrov�rer. Any forbearance by Lender�n exer�ising an�right ar remed� inciud�ng, with�ut l�mita��on, I�nder'�accep�ar�ce of payments from th�rd p�rsons, entities ar Successars in Interest of�arrower or�n amounts�ess�han the amount�hen�ue, shal�not be a�axver of or preclud�the ex�rcise of any r�ght or remedy. �3. Jo�nt and S��erat L�at�i�ity; �o-sig�ner�; Successors ant� A�signs 13vund. Borrawer covenants and agrees tha�Borrflw�r's��gat��ris and 1ia��l�ty shail be join�and severai. �3owe�er, any Borr��rer who c�-s�gns�h�s Securi��r�nstru.ment but does not e�e�ute the�Io�e�a "�a--signer"}: �a� is ca-s�gn�ng�h�s S�ur�t��ns�rument�n�y to�nor�gage, grant and canvey the co�signer's �n�erest�n�he Property under the t�rms�f this Security Ins�rument; �b� �s not persona��o�l�ga�ed ta pay the sums secured b�r th�s Se�uri�}� Instrument; and�c} agrees�ha�Lender and an�other Borrower can agree�o ex�end, madif�, forb�ar ar make any accom.moda��ons v��h regar��n the terms of th�s Security�nstrum�nt or the No�e wi�h�ut the c�-szgn�r's c�n�ent. Sub�ect to�he pr�v�sions of Sec�ion 18, a�.y Successor�n�n�er�st of Borrow�r who assumes Borrower's o��gations und�r�h�s Securrty�ns�rument�n�vrrriting, and is approved by Lender, sha��obtain aI� af Borrov�er's righ�s and benef��s under�his Securi�}� �nstrumen�. Borrower sha��not be re�eas�d from Borrnwer's obl�ga�ions and iiabili�y under�his Securi�y �ns�rument unless L�ender agrees�a such release in wr��ng. The c�venants and agreements of�his Securi�y �ns�rument shal�b�nd �excep�as pro�ided in Section 24} and bene��he successors and assigns of Lender. �4. Laan Charge�. L�nder may charge Borrov�er f�es for ser��ces�erformed in cannection w�th Borro�er'� defau�t, far the purpase�f pro�ect�ng I..�nder's interest in�he Property and r�ghts under�his Security Ins�rurnent, inc�ud�ng, but n�t��mited�o, a�torne�rs' fee�, proper�y insp�ct�on and valua�i�n fees. �n regard to any other fees, �he ab�ence of e�press authari�y in�h�s Securi�� ns�rumen�to charge a specif�c fe�to Borr�wer sha11 nat be cans�rued as a prahzbx�i�n on�he�harging of su�h fee. Lender may nat charge fees t�a�are expressly proh�bited b��his Secur�� nstrument or by Appl�cable Lav�. �f the L.oan is subj ect�o a�aw which sets maximum laan charges, and�hat�aw �s fina�Iy in�erpre�ed so tha� �he rnt�r�st or other loan charges col�ec��or�o be co��ec�ed�n connec�xon w��h t��L�an exceed�he permitted 1imi�s, �hen: (a} any such loan��arge sha�l be reduced b�the amoun�nec�ssary to reduce the charge�� the pernu�ted �imi�; and�b} any sums already��l�cted fram Barr�wer which ex��eded pern�i��ed �imits will be refunded to Borrower. Lender may ch�os��o make this refund by reducing�he pr�nc�pa�owed under�he Note or b�r makin�a d�rec�paymen�.to Borrov��r. �f a refund reduces principai, ��ie reduc��on vv�� be trea�ed as a par��a�pr�pa�rmen�without any prepayment charg��whether or not a prepayment charge is pr�vided for under�he Nate}. Borrower's ac��p�ance of ar�y such refund made by direc�payment�a Borrawer will cons�i�u�e a v�aiver of any right of action Barro�ver�n�.gh�have ar�sing�u�of such�vercharge. �5. Nvt�ces. A��notic�s gi�ven by Bvrrower�r I�ender in conne�tion�vith this Securi�y �ns�rum�nt must be in wr�t�ng. Any no�ice to Borrovver in conn�c�ion w��h�his Secur�t��ns�rumen�sha11 be deemed to hawe beeri g�ven to Borro�er when ma��ed b� �rst c�ass ma��ar vvhen actual�y de�i�ered�o Bflrrower's not�ce address �f sen�b�other�means. No��ce�� any one Borro�er sha�l constitute natice to all Borrowers un�ess Appl�cable Law expressly r�quires o�h�rwise. The notice address sha1l b�the Praper�y Address unless Borrower has NEgRASiCA-Singte�amily-Fannie MaelFreddie Mac tJNiF�RM INSTftUM�NT Fc�rm 3��8 11�1 VMP c� VMPfi�NE}{#3Q2y Walters Kfuwer�inancial Ser�ices Page 1 1 of 17