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, ; � . � 2� 1 ��7�88 . � , , deli�ered or mailed wi�hin which Borrower must pay all sums seGured by the Loan Documents. If Borrawer fails to pay these sums prior ta the expiration of this period, I.ender may inWuke any remedies permitted by th�Loan I]acuments withaut fur�her notice or demand on Borrawer. H. �f Borr�wer has a pay Qption adjustable rate m�rt�age Loan, upon modific�tion, �,he minimum monfhly payment apti�n, the interest-only or�any�ther payrnen�options will no longer be offered and that the monthly payments descr�bed in the abo�e payment schedule for my modified Loan wi�l be the minimum paymen�that will be due each month for the remaining term of the Loan. I. If Barrawer fails ta pay Lender the amount due and owing or to pay any manthty payment an the dates above, Borrower shall surrender th� Property to Lender, �f Borrower fails ar�refuses to surrender the Property ta Lender,Lender may exercise any and a11 remedies to reco�er the Property as may b� a�ailable t� Lender pursuan�to its security interest and lien and applicable law. These remedies may include the recovery of reasonable attorney's fees actually incurred, plus iegal expenses and expenses for entering on the Froper�y to make repairs in any farectosure action filed to enforce�he Lender lien.Lender's rights a.nd r�medies extend only to�he Praperty,and any action r�Iated tv the Prvperty i�setf and not t� reco�ery of any amount owed to Lender under the Nate as modif ed herein,which has been discharged in bankruptcy. J. If inciuded, the undersign�d Borrower�s} acknovrr�edge receipt and acceptance of the I-4 Family Modification Agreement Rider Assignment of Rents. K. If included, the undersigned B�rrower�s� acknawledge receipt and acceptance of the Notice of Special Flood Hazard disclosure. L. C�RRE�TIaN A�REEMENT: The undersigned Borrower�s}, far and in consideration of the approval,closing and fiunding of this Modification,hereby gran�s Wells Fargo Home Mortgage,as Iender, limited pawer of a�tarney to correct andlor initial all typographical ar clerical errors discQ�ered in the Modification Agreemen�reauired �o be signed. In the eWent this limi�ed power of attorney is exer.cised,the und�rsigned will be notified and recei��a copy of the document execut�d or initialed on their b�half. This pro�ision may nQt be used to modify the interest rate, modify the tetm, modify the outstanding principal balance ar modify the undersigned's manthly princip�l and in�erest payments as mpdified by this Agreement.Any of these specified changes must be executed directly by the undersigne�l. This limited pawer of attarney shall aut�ma�ically terminate in 1�4 days from the closing date❑f the undersigned's Modific�tion.Borrower agrees to make and execute such other documents or papers as necessary or required ta efFectuate the ter�ns and conditions of this Agreement which, if approved and acc�pted by Lender, shall bind a,nd inure to their heirs, executors,admin�stratvrs,and assigns af the Borrovver. M. If the BorrQvr�er's Loan is currently in foreGlosure, �he Ler�der will attempt to suspend or cancel the fnrec�osure actron upan receipt of the first payment according�o this Agre�ment.Lender agrees to suspend further col�ection efforts as long as Borrowers eflntinue rnaking the required paym�nts und�r this Agreem�nt. N. All the rights and remedies, stipulat�ons, and condi#ions c�ntain�d in the Loan Documents relating tv default in the making of payments under the Loan Documents shall also apply�o default in the making�f the madifi�d payments hereunder. Q, This Agr�em�nt shall supersede the terms of any modifcation, forbeasance, irial period ptan or �Vells Farga Custom Nan HAMP 0$262�16 368 �3��1�� Page b