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201 201503 12. Borrower Not Released; Forbearance By Lender IVot a Waiver. Extension of the time for payment or modification of amortization of the sums s�ured by this Security Instrument granted by Lender to Borrower or any Successor in Interest of Bonower shall not operate to release the liability of Borrower or any Suc,cessors in Interest of Borrower. Lender shall not be required to commence proc,eedings against any Successor in Interest of Borrower or to refuse to extend time for payment or otherwise modify amortizarion of the sums secured by this Security Instrument 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, enriries 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 agrces that Borrower's obligations and liability shall be joint and several. However, any Bonower who co-signs this Security Instrument but does not ex�ute the Note (a "co-signer"): (a) is co-signing this S�urity Instnunent 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 Borrower can agr� to extend, modify, forbear or make any accommodations with regard to the terms of this S�urity Instrument or the Note without the co-signer's consent. Subj�t to the provisions of Section 18, any Successor in Interest of Bonower who assumes Borrower's obligations under tlus Security Instrument 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 Borrower's obligations and liability under this S�urity Instrument unless Lender agrees to such release in writing. The covenants and agreements of this Security Instrument shall bind (except as provided in 5ection 20) and benefit the successors and assigns of Lender. 14. Loan Charges. Lender may cha.rge Bonower fess for services performefl in conn�tion with Bonower's default, for the purpose of prot�ting Lender's interest in the Property and rights under this Security Insmiment, including, but not limited to, attorneys' fees, property inspection and valuation f�s. In regard to any other f�s, the absence of express authority in this Security Instnunent to charge a spe�ific fe� to Borrower shall not be construed as a prohibirion on the charging of such fce. Lender may not charge f�s that aze expressly prohibited by this Se�urity Insmunent or by Applicable Law. If the Loan is subj�t to a law which sets maximum loan chazges, and that law is finally interpreted so that the interest or other loan charges coll�ted or to be collected in connection with the Loan exc,eed the permitted limits, then: (a) any such loan charge shall be reduc,ed by the amount n�essary to reduce the charge to the permitted limit; and (b) any sums already coll�ted from Borrower wluch excceded pErmittad limits will be refundefl to Bonower. Lender may choose to make this refund by re�ucing the principal o�ved unc3�r the Note or by maldng a dir�t payment to Bonower. If a refund redur�s principal, the reductac�n �vall be ixeatefl as a partial prepayment without any prepayment charge (whether or not a prepayment chasge as provided for under the Note). Borrower's acr.eptance of any such refund made by d'u�t payment to Borrower will constitute a waiver of any right of action Bonower might have arising out of such overcharge. 15. Notices. All norices given by Bonower or Lender in connection with tlus Security Instrument must be in writing. Any norice to Borrower in connection with this Security Instrument shall be d�med to have be�n given to Bonower when mailed by first class mail or when actually delivered to Borrower's notice addres.s if sent by other means. Norice to any one Borrower shall constitute notice to all Bonowers unless Applicable Law expressly requires otherwise. The notice address shall be the Property Address unless Bonower has NEBRASKA-Single Famlly-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 1/01 VMP � VMP6INE) (1105) Wolters Kluwer Financial Services Page 11 of 17