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201200163 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 Instrument granted by Lender to Borrower or any Successor in Interest of Borrower shall not operate to release the liability of Borrower or any Successors in Interest of Bonower. Lender sha11 not be required to commence proceedings against any Successor in Interest of Borrower or to refuse to extend time for payment or otherwise modify amortization of the sums secured by this Security Instnunent by reason of any demand made by the original Borrower 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, enrities or Successors in Interest of Bonower or in amounts less than the amount then due, shall not be a waiver of or preclude the exercise of any right or remerly. 13. Joint and Several Liability; Co-signers; Successors and Assigns Bound. Bortower covenants and agrees that Borrower's obligations and liability shall be joint and several. However, any Borrower who co-signs this Security Instrument 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 ghis Security Instrument; and(c) agr�s that Lender and any other Borrower can agree to extend, modify, forbear or make any accommodations with regard 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�rrower's obligarions under this Security Instrumept in writing, and is approved by Lender, shall obtain all of Bonower's rights and benefits under this Security Instnunent. Bonower shall not be released from Borrower's obligations and liability under tlus Security Instrument unless Lender agrees to such release in � writing. The covenants and agre�ements of this Security Instrument shall bind(except as provid�in Section 20)and benefit the successors and assigns of Lender. 14. Loan Charges. Lender may chazge Borrower 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 Insixument, including, but not limited to, attomeys' fe�s,property inspection and valuation f�s. In regazd to any other fees, the absence of express authority in this 5ecurity Insmiment to charge a sg�ific fee to Bonower shall not be construed as a prohibition on the chazging of such fee. Lender may not charge fces that aze expressly prohibited by this Security Instrument or by Applicable Law. If the Loan is subject to a law which sets maximum loan chazges, and that law is finally interpreted so that the interest or other loan charges coll�ted or to be collected in conn�tion with the Loan exceed the pernutted limits, then: (a)any such loan charge shall be reduced by the amount necessary to reduce the charge to ihe permitted limit; and(b)any sums already collected from Bonower which exceeded permitted limits will be refunded to Borrower. Lender 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 reduces principal, the reduction will be treated as a partial prepayment without any prepayment charge(whether or not a prepayment charge is provided for under the Note). Borrower's accsptance of any such refund made by dir�t payment to Borrower will constitute a waiver of any right of action Bonower might l�ave arising out of saich overcharge. 15. Notices. All notices given by Borrower or Lender in connection with this Security Insttument must be in writing. Any notice to Borrower in connection with this Security Instrument shall be d�med to have been given to Bonower when mailed by first class mail or when actually delivered to Borrower's norice address if sent by other means. Notice to any one Bonower shall constitute notice to all Borrowers unless Applicable Law expressly requires otherwise. The norice address shall be the Property Address unless Bonower has NEBRASKA-Single Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 1/01 VMP� VMPB(NEI(11051.00 Woiters Kluwer Financial Servic� Pepe 11 of 17