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�o��oo�� 12. Borrower Not Released; Forbearance By Lender Not a Waiver. Extension of the time for payment or modification of atnortization of the sums s�ured by tlus S�urity Instrument 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 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 se,cured by this S�urity 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 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 Borrower's obligations and liability shall be joint and several. However, any Bonower who co-signs this Security 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 inter�t in the Property under the teims of this 5�urity Instrument; (b) is not personally obligated to pay the sums secured by this Security Instrument; and (c) agrees that Lender and any other Borrower can agr� to extend, modify, forbear ot make any accommodations with regazd to the terms of this S�urity Instrument or the Note without the co signer's consent. Subje,ct to the provisions of Section 18, any Successor in Interest of Borrower who assumes Borrower's obligarions under this Security Instrument in writing, and is approved by Lender, shall obtain all of Borrower's rights and benefits under this S�urity Inst�rument. Borrower shall not be releasefl from Bonower's obligations and liability under this S�urity Instrument unless Lender agrees to such release in writing. The covenants and agre�ments of tlus S�urity Instrument shall bind (except as providefl in Section 20) and benefit the successors and assigns of Lender. 14. Loan Charges. Lender may chazge Borrower fees for servic.es performed in conn�tion with Borrower's default, for the purpose of prot�ting Lender's interest in the Property and rights under this Se�urity Insm�ment, including, but not limited to, attomeys' fees, property inspection and valuation fees. In regard to any other fees, the absence of express authority in this Security Instivment to charge a spe�ific fee to Borrower shall not be construed as a prohibirion on the charging of such fe�. Lender may not charge fees that aze expressly prohibited by this Security Instrument or by t�pplicable Law. If the Loan is subj�t to a law which sets maximum loan charges, and that law is finally interpreted so that the interest or other loan chazges colle�ted or to be coll�tefl in conne,ction with the Loan exceed the permitted limits, then: (a) any such loan charge shall be reduc� by the amount ne,cessary to reduce the charge to the pernutted limit; and (b) any sums already collected from Bonower which excceded p�rmitted limits will be refunded to Bonower. Lender may choose to make this refund by reducing the princiipal o�+efl under the Note or by making a dir�t payment to Borrower. If a refund red�es principal, the reducxaon will he treatefl as a pazrial prepayment without any prepayment charge (whether or not a prepayment c�arge is provided for under the Note). Borrower's acceptance of any such refund made by direct payme� to Borrower will constitute a waiver of any right of action Borrower might have arising out of such overcharge. 15. Notices. All notices given by Bonower or Lender in connection with this Security Instivment 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 Bonower's norice address if sent by other means. Norice 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 Famlly-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 1/01 VMP p VMPB(NE) (1106) Wolters Kluwer Financlal Services Page 11 of 17