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NOU-25-2011 15:28 From: To:818774c29960 P.11�20 �o��os�2� 9 2. Borrower Not Released; FctrBearance By Lend�r Nqt a Waiver. Extension of tlie time for payment nr mcxlif ��lion of amortization of the suma sccured by this Se�curity Instrumem granteti by Lcndcr to Sarrower ar any Successor in IntGrest of 13orrower shall not operate to release the liability of Borrower or any Suecessors in Interest of Bvrmwer. Lender shall nvs be required to wmmcri�c proccedings agaiust any 5ucc;e.,sc�r in Inter�st of Borrower dr ecy rcfuse to ektend ti�e for paymeat ur otherwise mortli ty �mt�rtization af the sums seCUred by �his $ecurity Insuumeot by rC�.�on 4f any demaad made Uy the aeiginal $orrower or any Successors in Iuterest of R�orrcywcr. Any forbearance by Lender in exerctisin� any ri�h� or remedy including, withc�uc litnitation, Leader's aece�tanee of payments from tt�ird persons, entities or Successors in Interest of Borrower or in amvu.nts lcss tF�an tl�e lmount then dtie, shall not be a waiuer oF ar prec.lndc thc ex�rcis� af �ny right ur remedy. 13. Joint end Seveeal LiabiPty; Ca-$igners; Suecessors and Assigns 8�und. Borrower r,ovenwts and agrees that $orrc�wer (lbligatlons and lilbility sh;�l) be jUini �nd stiy¢ral_ HUwCvCr, any Bc�rrawer whv co-signs this S�curity Instauumenl but does not execute tbe Nate {a "ca-si,�nar"): {a} is co-si�aning tl�is Scx;urity Ins�rurncnt oNy t� m4rtgage, grant and c:anv�y th4 c��-3igner';, ir�ICr�t in el'sc PropCrty under the terms of this Security Instrum�nr, (b) is not personally obli�ated to pay the sums secured by this Secu�ly instnuncnt; and (c) agrees that Lender and any ather Borrower can agree ta extend, cnodify, farbear or n�ake any ac:cc�mmdcl:uions with regard to the terms of this Security instrumenk qr khe Nvte withaut lhe �-si,�ncr's consent. Subjeol' tu the prc�viRipns of $ection 18, any Successor in Interest of Borrower who assumes Borrower's obligatious under this Se�curity Instrumcnt in writing� and is approved by Lendcr, shall ubtain all of Borraw�r':� rights �nnd bener3ts under this Security Tnscrument. Horrower shall not be released from Borrower's obligations and liability under this Security lnstrument unl�ss LcndCr agrccs tc� suCh rcl�ase in writittg. The eavenants wd agreements af tbis Security �nstrument shall bind {except as provicled in Section 20) and benefit the suc;r;o.ssurs and assigns of Lender. 14. Loan Gharges. Lender may charge Barrowcr fc,e,s Far scrvices r,c.�rfc�rmr,�i in c�nnecti�n wilh B�rrower's rlcfault, 1'or th� p�urpase of pratecting Lender's interest in the Property and rights undee this 5ecuriry Inslrument, inciudin�, but nac limitc� to, attorneys' fees, praperty inspecti�n ancl valuatinn I'GC:s. [n rcgarcl to any other fees, the absence of express authority in this SCCUCiIy in;;trument t+v chax�e a speciftc fee to Borrnwer shall not b�: construe� as a protubition an the charging of such fee. Lender may nat ehse�e fecs that are expressly prahibited by this Security lnstrumcnt or by Applit;�ble Law. If th� Lcaan is subj�l tcy � law which sets maxicuutn loan charges, and that law is finaliy int(xpr�lCd sn Ihdt tt�e interest or other loan charees collect� vr to be �ollected in conneCtion with the Loan exceed the permittca limits, nc�n: (s) any such laan charge shall be reduced Uy the aaapunt ncx,cs4ary+ to rr,�iuco th� charge to the permitted timit; and @) any sums �lrc:aciy cc►llected fmm $orrower whic� e�ceeded permitted litnits will be reftrncied ta Borrower. Lender may choose to make tYus refund �iy rcducing lhe print;ip;�l owc:c� untier the Note vr by makin� a eiireet p�.yment tc� Sonowcr_ I i a rcfund reduc.es principal, t,t►e reductioa will be treated as a partial prepayment without any prepayment chuge (whether or nat a prepaymeat eharge is provid�xl far unticr the Note). Boerower's acceptance of �ny sueh refunci mad� by c�ircct paymenl to �orr�wer will consticute � waiver of �ny right of aeti«n Borrnwer mi�ht have arising out of snch overcharge. 15. Wotices. A31 npticc�s glven by Borrawer or I.ender fui canuection witt� this Security In,titrumcnc must be in writin�. Any n�rice to Borrower in t;onn�liUn wilh this Secsurity Tnstrument sh�ill be deemed to have been $iven ta Horruwer wheu mailed by first class mail ar w}�en actually delivercd to B�rr��war's n�lir;� acidress if scnC by [�LhBr means Ivdtit� to any c�ne Bc�rrc�wcr shall canstitule notice ta all Barrowers unless Applicable Law expressly requires othenuise. The notic�e address shall be the Property Address uuless Borrowor has NF.BR95KA•Sdnpla Femiiy-Fanr�n MenlFiedd'ie MBC UNIFOflM IN57RUh1EflT Form 3028 tlpt VMP � VMF'6(NEI 1� 7U91•00 Wvitvro Kluwer Firmncinl Services Pog6 11 Ot 77 11/25/2011 12:32PM CGMT-07:00)