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20120007� 12. 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 Instniment granted by Lender to Bonower or any Successor in Interest of Borrower shall not operate to release the liability of Bonower or any Successors in Interest of Bonower. Lender shall not be required to commence proccedings 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 Instniment by reason of any demand made by the original Bonower or any Successors in Interest of Borrower. Any forbearance by Lender in exercising any right or remedy including, without limitarion, Lender's acceptance of payments from third persons, entiries 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 agr�s that �rrower's obligations and liability shall be joint and several. However, any Bonower who co-signs this S�urity Instrument but does not execute the Note (a "co-signer"): (a) is co-signing this S�urity Instrument only to mortgage, grant and convey the co-signer's interest in the Progerty under the terms of this Se�urity Instrument; (b) is not personally obligate� to pay the sums s�urefl by this Security Instrument; and (c) agrees that Lender and any other Borrower can agr� to extend, modify, forbear or make any accommodations with regard to the terms of this Security Instrument or the Note without the cfl-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 Borrower's rights and benefits under this Security Instnunent. Borrower shall not be released from Bortower's obligations and liability under this Security Instrument unless Lender agrces to such release in writing. The covenants and agreements of this Se�urity Instnunent shall bind (except as provided in Secrion 20) and benefit the successors and assigns of Lender. 14. Loan Charges. Lender may charge Bonower fees for services performed in connection with Borrower's default, for the purpose of protecting Lender's interest in the Property and rights under this Security Instn7ment, including, but not limited to, attorneys' fees, property inspection and valuation fees. In regard to any other fees, the absence of express authority in this Security Instnunent w charge a specific fee to Bonower shall not be construed as a prohibition on the charging of such fe�. Lender may not charge fe,es that aze expressly prolubitefl by this S�urity Instrument or by Applicable Law. If the Loan is subject to a law which sets maximum loan charges, and that law is finally interprete� so that the interest or other loan chazges coll�ted or to be collected in connection with the Loan exc�eed the permitted limits, then: (a) any such loan chazge shall be reduced by the amount n�essary to reduce the charge to the permitted limit; and (b) any sums already coll�ted from Borro�ver which exceedefl permitted limits will be refunded to Borrower. L.ender may choose to make this refund by reducing the principal owed under the Note or by making a direct payment to Bonower. If a refund r�uces principal, the redudion will be treat� as a partial prepayment without any prepayment charge (whether or not a prepayment chazge is provided for under the Note). Bonower's acceptance of any such refund made by direct payment to Borrower will constitute a waiver of any right of action Bonower might have arising out of such overcharge. 15. Notices. All norices given by Bonower or Lender in connection 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 Borrower when mailed by first class mail or when actually delivered to Borrower's norice address if sent by other means. Notice to any one Borrower shall constitute notice to all Borrowers unless Applicable Law expressly requires otherwise. The notice address shall be the Property Address unless Borrower has NEBRASKA-S(ngle Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 1/01 VMP � VMP6(NE) (1105) Wolters Kluwer Financial Servicea Page 11 of 17