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���2�037v <br />12. Borrower Not Released; Forbearance By Lender Not a Waiver. Extension of the tune for payment or <br />modification of amortization of the sums secured by this Security Instrument granted by Lender to Borrower <br />or any Successor in Interest of Borrower shall not operate to release the liability of Bonower or any <br />Successors in Interest of Borrower. Lender shall not be required to commence proceedings against any <br />Successor in Interest of Borrower or to refuse to extend time for payment or otherwise modify amortization <br />of the sums secured by this S�urity Instrument by reason of any demand made by the original Bonower or <br />any 5uccessors in Interest of Borrower. Any forbearance by Lender in exercising any right or remedy <br />including, without limitarion, Lender's acceptance of payments from third persons, entities or Successors in <br />Interest of Borrower or in amounts less than the amount then due, shall not be a waiver of or pr�lude the <br />exercise of any right or remedy. <br />13. Joint and Several Liability; Co-signers; Successors and Assigns Bound. Borrower covenants and <br />agrees that Bonower's obligations and liability shall be joint and several. However, any Bonower who <br />co-signs this Security Instrument but does not execute the Note (a "co-signer"): (a) is co-signing this <br />Security Instrument only to mortgage, grant and convey the co-signer's interest in the Property under the <br />terms of this Se�urity Instivment; (b) is not personally obligatefl to pay the sums secured by this Se�urity <br />Instrument; and (c) agr�s that Lender and any other Bonower can agree to extend, modify, forbear or make <br />any accommodarions with regazd to the terms of this Security Instrument or the Note without the co-signer's <br />conseat. <br />Subj�t to the provisions of Section 18, any Successor in Interest of Bonower who assumes Bonower's <br />obligations under this Security Instnament in writing, and is approved by Lender, shall obtain all of <br />Bonower's rights and benefits under ttus Security Instrument. Bonower shall not be released from <br />Bonower's obligations and liability under this Security Instivment unless Lender agr�s to such r�lease in <br />writing. The covenants and agr�ments of this Security Insmament shall bind (except as provide�i in Section <br />20) and benefit the successors and assigns of Lender. <br />14. Loan Charges. Lender may chazge Bonower fees for services performed in connection with Borrower's <br />default, for the purpose of protecting Lender's interest in the Property and rights under this S�urity <br />Instrument, including, but not limited to, attorneys' fees, property inspection and valuation fees. In regard to <br />any other fces, the absence of express authority in tlus Security Insm�ment W charge a specific fee to <br />Bonower shall not be construefl as a prohibition on the chazging of such fe�. L$nder may not charge f�s <br />that are expressly prohibited by this Security Instrument or by Applicable Law. <br />If the Loan is subject to a law which sets maximum loan chazges, and that law is finally interpreterl so that <br />the interest or other loan charges collected or to be coll�ted in connection with the Loan exce� the <br />permitted limits, then: (a) any such loan charge shall be reduced by the amount necessary to reduce the <br />charge to the permitted limit; and (b) any sums already colle,cted from Bonower wluch exceeded permitted <br />limits will be refunded to Borrower. Lender may choose to make this refimd by reflucing the principal oovefl <br />under the Note or by maldng a direct payment to Borrower. If a refund reduc� principal, the reduction vvill <br />be treated as a partial prepayment without any prepayment chazge (whether or not a prepayment c�arge as <br />provided for under the Note). Bonower's acceptance of any such refund made by direct payment to <br />Bonower will constitute a waiver of any right of action Bonower might have azising out of such overchazge. <br />15. Notices. All norices given by Bonower or Lender in connection with this Se,curity InstYVment must be in <br />writing. Any norice to Borrower in conn�tion with this S�urity Instrument shall be deemed to have be�n <br />given to Bonower when mailed by first class mail or when actually delivered to Borrower's notice address if <br />sent by other means. Notice to any one Bonower shall consritute notice to all Bonowers unless Applicable <br />Law expressly requires otherwise. The notice address shall be the Property Address unless Bonower has <br />NEBRASKA-Single Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 1/01 <br />VMp � VMPB(NE) (11051 <br />Woltera Kluwer Financial Services Pape 11 af 17 <br />