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�011U9�7� 12. Borrower Not Released; Forbearance By Lender Not a Waiver. Extension of the time for payment or modification of amortization of the suu�s s�ured by this Security Instrument granted by Lender to Bonower 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 Bonower or to refuse to extend time for payment or otherwise modify amortization of the sums secured by this Security Instrument by reason of any demand made by the original Bonower or any Successors in Interest of Bonower. Any forbearance by Lender in exercising any right or remedy including, without limitation, Lender's acceptance of payments from third persons, entities or Successors in Interest of Borrower or in amounts less than the amount then due, shall not be a waiver of or preclude the exercise of any right or remedy. 13. Joint and Several Liability; Co-signers; Successors and Assigns Bound. Bonower covenants and agrees that Bonower's obligations and liability shall he joint and several. However, any Bonower who co-signs this Security Instivment but does not execute the Note (a "co-signer"): (a) is co-signing this Security Insmiment only to mortgage, grant and convey the co-signer's interest in the Property under the terms of this Security Instrument; (b) is not personally obligated to pay the sums secured by this Security Instrument; and (c) agre�s that Lender and any other Borrower can agr� to extend, modify, forbear or make any accammodations with regazd to the terms of this Security Instrument or the Note without the co-signer's consent. Subject to the provisions of Section 18, any Successor in Interest of Bonower who assumes Bonower's obligations under this Security Instrument in writing, and is approved by Lender, shall obtain all of Bonower's rights and benefits under this Se,curity Instrument. Borrower shall not be released from Bonower's obligations and liability under this S�urity Instrument unless Lender agrees to such release in writing. The covenants and agreements of this S�urity Instrument shall bind (except as provided in Se�tion 20) and benefit the successors and assigns of Lender. 14. Loan Charges. Lender may charge Bonower fees for services performed in conn�tion with Bonower's default, for the purpose of prot�ting Lender's interest in the Properly and rights under this Security Instrument, including, but not limited to, attomeys' fees, property inspection and valuarion f�s. In regazd to any other fees, the absence of express authority in this Security Instrument to charge a specific fee to Borrower shall not be construed as a prohibition on the charging of such fee. Lender may not charge fees that aze expressly prohibited by this Security Instrument or by Applicable Law. If the Loan is subject to a law which sets maximum loan charges, and that law is finally interpreted so that the interest or other loan charges coll�ted or to be collected in connection with the Loan exceed the permitted limits, then: (a) any such loan charge shall be reduceci by the amount necessary to reduce the charge to the permitted limit; and (b) any sums already coll�ted from Borrower which exceeded permitted limits will be refunded to Bonower. Lender may choose to make this refund by reducing the principal owed under the I�1ote or by making a dir�t payment to Borrower. If a refund reducss principal, the reducrion will be treated as a paztial prepayment without any prepayment chazge (whether or not a prepayment charge is provided for under the Note). Bonower's ac.ceptance of any such refund made by dir�t payment to Bonower will constitute a waiver of any right of action Bonower might have arising out of such overchazge. 15. Notices. All notices given by Bonower or Lender in conn�tion with this Security Instrument must be in writing. Any notice to Borrower in connection with this Security Instrument shall be deemed to have been given to Bonower when mailed by first class mail or when actually delivered to Borrower's notice address if sent by other means. Notice to any one Borrower shall constitute notice to all Bonowers unless Applicable Law expressly requires otherwise. The notice address shall be the Property Address unless Borrower has NEBRASKA-Single Famfly-Fennie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 7/01 VMP � VMPB(NE) (1106) Wolters Kluwer Financial Servic� Page 11 af 17