:maxwords2 used to have manual control over the maxwords modifier

gv-maxwords2-modifier.php

<?php
add_filter( 'gform_merge_tag_filter', function ( $value, $merge_tag, $modifier, $field, $raw_value ) {

	if( 'all_fields' !== $merge_tag && 'maxwords2' === $modifier ) {
		
		/* Number of words to display */
		$max = 4;

		$more_placeholder = '&hellip;';
		/**
		 * Use htmlentities instead, so that entities are double-encoded, and decoding restores original values.
		 * @see https://core.trac.wordpress.org/ticket/29533#comment:3
		 */
		$value = force_balance_tags( wp_specialchars_decode( wp_trim_words( htmlentities( $raw_value ), $max, $more_placeholder ) ) );

		return $value;
	}

    return $value;
}, 10, 5 );