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201405062
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Last modified
7/20/2017 8:19:44 PM
Creation date
8/18/2014 11:20:19 AM
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DEEDS
Inst Number
201405062
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r <br /> � <br /> � � r <br /> ��14�5��� <br /> . <br /> Borrower further expressly waives any right of set--aff or counter�laim, or any defense tv <br /> #he ob�igati�ns of the �!ate�r Secu r��� �nstr�rnen�. . <br /> 'i�. No Wa�►►er of Lender's Ri hts Re ardin aefault: <br /> All �he ri�hts and remedies, stipulat�vns, and condit�ons conta�ned in �he Loan <br /> Do�uments re�ating to d�fau�# in the making vf paymen�s und�r the Loan Docum�nts <br /> shall a�so apply ta defau�t in t�e making af the m�d�fied �ayments hereunder. This <br /> Agreement shall in nfl way be deemed to be a waiver of Lend�r's righ�s and remedies �y <br /> reason of any default by Sarrower under the Loan Documen#s as her��n mod�fied, <br /> �ncluding withau# I�mitatian fu#ure payment defaults, and nathing con#ained herein shal� <br /> be deemed to be a wai��r by L�nde�of any terms or candit��ns of the L�an Dacumenfis <br /> as madified herein. Na�hing herein shali cvnst��u�e an agreemen� by Lender �� any <br /> future m��ification of th� Lvan Documents and Lender expressly reserves the right t� <br /> refuse to a�ree t�any f�ture mc�difica�ivns. <br /> �'l. Ban kru tc : <br /> If, since incep�ivn af this Ivan th rvugh date of�h is Ag r�ement, the Bo�rawer has recei�ed <br /> a dis�harge �n a Chapter 7 bankrup�cy and there has heen no �a�id reaffirmation of the <br /> underlying d�bt, the Lender is not att�mpt�ng to re-estab��sh any pe�rsona� �iab��ity for t�e <br /> underly�ng d�bt by entering into�his Agreement. Howe�er, the parties ackn�►nrledg� �hat <br /> the Lender retains cer�ain ri�hts, including but n�t limited to the right t� foreclase its <br /> interest in the praperty under appropriate c�r�umstanc�s. The parties ag�ee that the <br /> c�nsid�rativn for this Agreement �s the Lender's forbearan�e from p�es�n�ly exerc�sing <br /> its r�ght and pursuing its remedies under �he 5ecuriiy �ns�rumen� as a resui� �f �he <br /> Barro►�ver's default of i�s o��igations thereunder. <br /> '12. Loan ❑oCum�nts Remain In Ful� Force and Effect: <br /> As am�nded here�n, the pro►r�sians of the Loan Documen#s shali continue �n fuil force <br /> and efFect, and Bvrrower ackn�wledges and reaffirms Barraw�r's liability to Lender <br /> �hereunder su�j�ct to the Bankruptcy ex�ept�vn in the section of this Agreemen# entitled <br /> "Bankruptcy." �n th� e�ent of any inconsistency �etween this A�reement and the terms <br /> af the Loan �ocuments, #his Agreemen�shail go�ern. Noth�ng in this Agreement shaf� be <br /> understood �r �ons#rued to b� a no�atian, sat�sfaction or release, in whvle or in �art, nf <br /> the L�an Docu ments. Excep� as othenrv�se specif�ally provided in �h is Ag reement, the <br /> L�an I]��uments will remain unchanged, and Barrvwer and Lender wi�l �� hound by and <br /> campfy with all of �he terms and pr��isions fhereof, ex�ep� as amended by this <br /> Agreement. <br /> '!3. Ex�cutian of Additionat DoGumentation: <br /> �or��wer agrees #a make and execute such vther dacuments �r papers as may be <br /> ne�essary ar required tv effe�tuate the terms and cflnditions of this Agreement whi�h, �f <br /> appro��d and ac+ce��ed by �ender, shall bind and inure ta �he heirs, execu#ors, <br /> administra�ors, and ass�gns�f th� 8orrvvver. <br /> '14. M�scel�aneous: <br /> Borrvwe�I i�ial Lines <br /> Page 5 of the Loan Madification Agreement *Please add�he appropriate number vf initia!lines for each <br /> �rder Number:8958858 �ignatory v�er 4 <br /> �ll�RS�I�IIN:��DD��2�n�D��fi�Q�8 MERS Phone�W888-�79-6377 <br />
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