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�a��o�2�0 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 shall not be required to commence proce�ings 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 Instrument by reason of any demand made by the original Borrower or any Suc,cessors in Interest of Borrower. Any forbearance by Lender in exercising any right or remedy including, without limitarion, 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 pr�lude the exercise of any right or remedy. 13. Joint and Several Liabiliiy; Co-signers; Successors and Assigns Bound. Borrower covenants and agrees that Borrower's obligations and liability shall be joint and several. However, any Borrower who co-signs this Security Instru.ment but does not execute the Note (a "co-sigmer"): (a) is co-signing this Security 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 Instnunent; and (c) agrees that I.ender 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 cfl-signer's , consent. Subject to the provisions of S�tion 18, any Successor in Interest of Borrower who assumes Bonower's obligations under this S�urity Instrument in writing, and is approved by Lender, shall obtain all of Bonower's rights and benefits under this S�urity Insm�ment. Borrower shall not be released &om Bonower'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 Se�tion 20) and benefit the successors and assigns of Lender. 14. Loan Charges. Lender may charge Borrower f�s 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 fe�s. In regatd to any other fees, the absence of express authority in this Security Instrument to charge a specific fee to Bonower shall not be constru� as a prohibirion on the chazging of such fee. Lender may not charge f�s that aze expressly prohibited by this Security Instrument or by Applicable Law. If the Loan is subj�t to a law which sets ma.ximum loan chazges, and that law is finally interpreted so that the interest or other loan charges collected or to be collected in connection with the Loan exc�d the permitted lixnits, then: (a) any such loan charge shall be reduced by the amount necessary to reduce the chazge to the permitted limit; and (b) any sums already collected from Bonower which excceded permitted limits will be refunde� to Borrower. Lender may choose to make this refund by reducing the principal owed under the Note or by making a dire,ct payment to Borrower. If a refund re�uces principal, th� reduction will be treated as a partial prepayment without any prepayment charge (whether or not a prepayment charge is provided for under the Note). Bonower's acceptance of any such refund made by dir�t payment to Borrower will consritate a waiver of any right of action Borrower might have arising out of such overchazge. 15. Notices. All notice.s given by Borrower or Lender in connection with this Security Instrument must be in writing. Any norice to Bonower in conn�tion with this S�urity Instrument shall be de�med to have h�n given to Bonower when mailed by first class mail or when actually delivered to Borrower's notice 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 Bonower has NEBRASKA-Single Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 1/07 VMP p VMPB(NE) (1105) Wolters Kluwer Financial Services Page 7 7 of 77 � ,M • . ,.n