MNS will not negotiate payment terms with Borrower. Once the collection process has started, MNS is authorized to continue with the collection process up and through foreclosure. Payment arrangements will not be made in connection with the foreclosure process by MNS. MNS will only stop the collection process if the note that is in default is brought fully current. If the amount due under this Agreement is not paid within the terms set forth, the foreclosure process will continue without delay.
If the Borrower seeks to negotiate with MNS, MNS will refer Borrower directly to Lender. In the event the Lender opts to accept payment arrangements directly with the Borrower, the Lender acknowledges that the attorney fees and outstanding foreclosure fees as stated above will not be waived. The Lender will be responsible for the payment of the outstanding fees regardless of any payment arrangements made directly with the Borrower. Lender authorizes MNS to deduct the attorney fees from any monies collected on the note even if the Lender waives collection of the attorney fees from the Borrower.