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20�20117� 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 granterl 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 Borrower. Lender shall 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 tlus Security Instrument by reason of any demand made by the original Bonower or any Successors in Interest of Borrower. Any forbearance by I.ender in exercising any right or remedy including, without limitation, Lender's acceptance of payments from third persons, entities or Successors in Interest of Bonower or in amounts less than the amount then due, shall not be a waiver of or pre�lude the exercise of any right or remedy. 13. Joint and Several Liabil'rty; Co-signers; Successors and Assigns Bound. Borrower covenants and agrees that Bonower's obligations and liability shall be joint and several. However, any Borrower who co-signs this Security Instrument but does not ex�ute the Note (a "co-signer"): (a) is co-signing this Se�urity Instrument only to mortgage, grant and convey the co-signer's interest in the Properiy under the terms of this S�urity Instrument; (b) is not personally obligate� to pay the sums s�urefl by this Security �nstivment; and (c) agrees that Lender and any other Borrower can agree to extend, modify, forbear or make any accommodations with regazd 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 Securiry Instniment in writing, and is approved by Lender, shall obtain all of Borrower's rights and benefits under this S�urity Instrument. Borrower shall not be released from Bonower's obligations and liability under this Security Instrument unless Lender agrees to such release in writing. The covenants and agreements of tlus Security Instrument shall bind (except as provided in S�rion 20) and benefit the successors and assigns of Lender. 14. Loan Charges. Lender may charge Borrower fces for services performed in connection with Borrower's default, for the purpose of protecting Lender's interest in the Property and rights under this S�urity Instrument, including, but not limited to, attorneys' f�s, property inspection and valuation fees. In regazd to any other fe�s, the absence of express authority in this S�urity Instrument to charge a sp�ific fee to Borrower shall not be construed as a prohibition on the charging of such fee. Lender may not charge fees that aze expressly prohibited by this Security Instrument or by Applicable Law. If the Loan is subje,ct to a law which sets maximum loan charges, and that law is finally interpreted so that the interest or other loan charges collected or to be collected in conn�tion with the Loan exceed the pemutted limits, then: (a) any such loan chazge shall be reducefl by the amount ne�essary to re�uce the charge to the permitted limit; and (b) any sums already collected from Borrower which exc�eeded permittefl limits will be refunded to Bonower. Lender may choose to make this refund by reducing the principal ow� under the Note or by making a direct payment to Borrower. If a refund reduc�s principal, the reducrion will be treated as a partial prepayment without any prepayment charge (whether or not a prepayment chazge is provided for under the Note). Borrower's acceptance of any such refund mafle by dir�t payment to Bonower will consritute a waiver of any right of action Borrower might have arising out of such overcharge. 15. Notices. All norices given by Bonower or Lender in connection with this S�urity Insnument must be in writing. Any notice to Borrower in conn�tion with this Security Instrument shall be d�med to have been given to Borrower when ma.iled by first class mail or when actually delivered to Bonower'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-Single Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 1/01 VMP � VMP8INE) (1105) Wohers Kluwer Flnanciai Servicea Page 11 of 17 � � �, A; .. � .. �