Common use of Borrower Not Released; Forbearance By Lender Not a Waiver Clause in Contracts

Borrower Not Released; Forbearance By Lender Not a Waiver. Extension of the time for payment or modification of amortization of the sums secured by this Security Instrument granted by ▇▇▇▇▇▇ to Borrower or any Successor in Interest of Borrower shall not operate to release the liability of Borrower or any Successors in Interest of Borrower. ▇▇▇▇▇▇ shall not be required to commence proceedings against any Successor in Interest of Borrower or to

Borrower Not Released; Forbearance By Lender Not a Waiver. Extension of the time for payment or modification of amortization of the sums secured by this Security Instrument granted by ▇▇▇▇▇▇ to Borrower or any Successor in Interest of Borrower shall not operate to release the liability of Borrower or any Successors in Interest of Borrower. ▇▇▇▇▇▇ Lender shall not be required to commence proceedings against any Successor in Interest of Borrower or toto refuse to extend time for payment or otherwise modify amortization of the sums secured by this Security Instrument by