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201105940 insfisurnents descrihed herein. Borrower further expressly waive� any right nf set-off ar counterclaim, or any defense to the obligations of the Note or Security Instrument. 6. No Waiver of Lender's Rights Re�ardin� Default: All af the rights and remedies, �tipulations, and canditions contained in the Securit� Instrument rela�ing to default in the malcing of payments under t�ie Security Instrum�nt shall also apply to d�fauYt in the making of the modified payments 1�ereunder. This Agreement shall in no way be deerned ta be a waiver o� Lender's rights and remedies by reason of any default by Borro�er under the Nate and Security Instru.ment as herein modified, including withQUt limitation future payment defaults, and nothing contained herein shall be deemed to be a waiver by Lender af any tertns or conditions of the 1Vate and Security Instrument as modif ed herein. l�Totlung h�rein sha11 constitute an agreernent by Lender to any future modification of the Note and S�curi�y Instrum�nt and Lender e�ressl� reserves the righ�t to refuse ta agree to any future mc�difieations. 7. Notl�ing in this Agreement s1��:11 be understaod Qr Construed to be a nouation, satisfaction or r�lease in wkflle or in part of the l�Tate and Security Instrument; �xeept as ot�ierwise specificaYly modified in this Agreement, �Che Note and Security Instrument wi11 remaian unchanged, and the Borrower an.d �he Lender will be bound b�, �.nd camply with, all of th+� t�rms and. provisions thereof, except as modified by fhis Agreement.. 8, This Agreemen� shall in no way be deerned to be a waiver of Lender's rights and remec�ies by reason o#" any defaul� by Banower under th� �ote and Security Instrument as herein modified, including without limita�ion future pa�ment defaults and nothing contained herein shall be deemed to be a waiver by Lender of any terms or conditions of the l�Tate and Security Tnstrument' as modified hexein. 1'�Tothing herein shall constitute an agreern�nt by Lender ta any future modificatian of the Note and Security Instrument and L,ender expressly reserves the right to refl�se to agree to any futurE modifications� 5. Release �:�td Waiver af Oit�er G��:zms: As a.n express i�duc.�naez�t to Le�nder's agreement to tiiis Agreement, Borrovver, jointly and severally, kereby uneonditionally releases� Lender, its legal representatives, affiliates, subsidiaries, parent companies, agents, �fficers, employees, at�orneys, successors and aSsigns {cvllectively the "Released Parties") from any and all clairns demands,, actians, damages and causes of actions whi�h Borrawer has asserted or elaimed or might now or hereafter assert or �laim agaiz�st all or any of the Rele�:sed Parties, whether known or unknvwn, ari�ing out a� related to ar in any way conneeted with or based upon any Prior Related Event (as such term is hereinafter defined). As us�d �ierein, the term "Priar Related Event" shall mean a.ny act, omissian, circumstance, agreement, lc►an, e�ctensi�n of credit, transaction, tr�.nsfer, payment, event, �,ction or occurrence be�een or involving Page 4 of 9 0� tlx� Y.oan 1Vlodification Agreement Loan #48331056 Qrder # 6632190