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2olooss�s Borrower ar Borrower's property and all or any of the Released Parties and which was made or extended or which occurred at any time ar times �rior to the execution af this Agreement, includin� witk�out limiting in any respect the generality of the faregoing: (i) any action taken to obtain payment of any indebtedness or to otherwise enforce or exercise any riglat or purported right af Lender as a creditor of Borrower; and (ii) any payment or other transfer rnade to GrantorLender by or for the account of Borrower. Borrower agrees and acknowledges that this release is not to be coanstrued as or deerzaed an acknowledgement or admission on the part of any of the Released Parties of liability for any matter or as precedent upon which liability rnay be asserted. 10. Ban� If, since inception of this loan through date of this A�reement, the Borrower has received a discharge in a Chapter 7 bankruptcy and there has been no valid reaffirmation of the underlying debt, the Lender is not attempting to re-establish any personal liability for the underlying debt by entering into this Agreement. However, the parties acknowledge that the Lender retains certain rights, including but not limited to the right to �oreclase its interest in the property under appropriate circumstances. The parties agree that the consideration for this Agreement is the Lender's farbearance frarn presently exercising its right and pursuing its remedies under the Security Instrument as a result of the Borrower's default �f its obligations thereunder. ll. Loan Dacuments Rernain In Full Force and Effect: As amended herein, the provisions of the Note and Security Instrument shall continue in full force and effect, and Borrower acknowledges and reaffirms Borrower's liability to Lender thereunder. In the event of any inconsistency between this Agreernent and the terms of the Note and Security Instrument, this Agreement shall govern. Nothing in this Agreement shall be understood or construed to be a novation, satisfactian or release in whole ar in part of the Note and Security Inst� Except as otherwise specifically modified in this Agreement, the Nate and Security Instrurnent will remain unchanged, and the Borrower and the Lender will be bound by, and comply with, all of the ternas and pravisions thereof, except as modified by this Agreement. 12. Grantee represents under penalty af perjury that Grantee IS the occupant of the Property. 13. Execution af Additional Documents: Barrower agrees to make and execute such other docurnents or papers as may be necessary or required to effectuate the t�rms and conditions of this Agreement which, if approved and accepted by Lender, shall bind and inure to the heirs, executors, administrators, and assi�;ns af the Barrower. Page 5 of 9 of the Loan Modi�cation Agreement Loan #50608476 Order # 6309885