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2o�2ao�4� 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 Bonower or any Successor in Interest of Bonower shall not operate to release the liability of Bonower or any Successors in Interest of Bonower. 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 madify amortization of the sums s�ured 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. Borrower covenants and agr�s that Bonower's obligations and liability shall be joint and several. However, any Borrower 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 Property under the terms of this Security Instrument; (b) is not personally obligated to pay the sums secured by this Security Instrument; and (c) agrees that Lender and any other Bonower 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 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 Security Instrument. Bonower shall not be released from Borrower's obligations and liability under this Security Instrument unless Lender agr�s to such release in writing. The covenants and agreements of this Security Instrument shall bind (except as provided in Secrion 20) and benefit the successors and assigns of Lender. 14. Loan Charges. Lender may charge Bonower f� for services performed in conn�tion with Bonower's default, for the purpose of prot�ting Lender's interest in the Property and rights under this Security Instnunent, including, but not limited to, attorneys' fees, property inspection and valuation f�s. In regazd to any other fees, the absence of express authority in this Security Instnunent to charge a specific f� to Borrower shall not be construed as a prohibition on the chazging of such fee. Lender may not charge f�s that are 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 chazges coll�ted or to be collected in connection with the Loan exceed the permitted limits, then: (a) any such loan charge shall be reduce� by the amount necessary to reduce the charge to the permitted limit; and (b) any sums already colle,cted from Borrower which excee�ed permitted lunits will be refunded to Bonower. Lender may choose to make this refund by reducing the principal owed under the Note or by making a dir�t payment to Bonower. If a refund reduces principal, the reduction will be treated as a partial prepayment without any prepayment chazge (whether or not a prepayment charge 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 notices given by Borrower or Lender in conn�tion with this 5ecurity Instrument must be in writing. Any notice to Borrower in conn�tion 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 Bonower'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 norice address shall be the Property Address unless Bonower has NEBRASKA-Single Family-Fannie MaelFreddie Mac UNIFORM INSTRUMENT VMP p Wolters Kluwer Financial Services Form 3028 1/O7 VMP6(NE) (1106) Pape 11 of 17 ,P. ; y `