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201201534 12. Borrower Not Releasetl; 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 Lcnder to Borrower or any Successor in Interest of Borrower shall not operate to release the liability of Borrower or ang � Successors 3n Interest�f Borrower. Lender shall noY be required to commence proceedings against auy Successor in Interest of Borrower or to refuse to extend time for payment or otherwise modify amortization of the swns secured Uy this Security Instrument by reason of any demand made by the orignal Borrower ar any Successors in Inferest of Borrower. Any forbearance by Lender in exercising any riaht or remedy including, without limitation, Lender's acceptance of payments &om third persons, enrities or Suc�essors in Intae.vT of Bouower or in amounts less th�the ainomrt then due, Shall not be a waiver of or preclude the exercise of anq riglit or remedy. � 13. Joint and Several Liability; Co-signers; Successors and Assigns Bound. Borrower covenants and a�ees that BorLOwec's obligations and liability shall be joint and several. However, auy Borrower who co-signs this Security Insirument but does not execute the Note(a"eo-signex"): (a)is co-signing this Security Instrument only to mortgage, grant and convey the co-sigaer's inYerest in the Properry under the tenng of this Seciuit�Instrument; (b) is not personally obliga#ed to pay the sums secured by ihis Security Instrument; and(c)agees that Lender and any other Borrower cui a�m ee to extend, modify, forbear or make any accommodations wifli rcgazd to the terms of this Security Insmunent or tl�e Note without the co-signex's cottseat Subj ect to the provisions of Secrion 18, any Successor in Intexest of Borrower who assumes Borrower's oUligations under this Secwity Instnunent in writing, and is approved by Lender, shaill ohSain all of Botrower's rights and benefits under ttis Security Instnzment. Barroiver shall not be released from Borrower's obligations and liability under this Sec:uriry Instnunent unless Lender agees to such release in writing. The covenants and agreements of flus Security Instrument shaIl l�ind(except as pro�rided in Secaon 20) and benefit the successors and assi�s of Lender. 14. Loan Charges. Lender may charge Borrower fees for services performed in conneckion with Borrower's default, for the purpose of protecting Lender s interest in the Property and rights under this Security Instrument, i�eludfng, but not limited tq aTtorneys' fees; property Inspection and valuatioa fe�. In regazd to any other fees, the absence of express autharity in this Security Instaunent to charge a specific fee to Borrowet sha11 not ba construed as a prahibition on the charang of such fee. Le�der may not charge fees that 2re e�ressly prohibited by this Seciuity Insh-ument or by Applicable Law_ I£the Loan is subject to a law which scts ana�imum loan charges, and that law is finally inferpreted so that Yhe iirterest or other loan charges collected or to be colleeted 3n connection�ith the Loan exceed the permitted limits, then� (a) any such loan chaza=e sha➢be reduced by the aznount nccessary to reduce the chazge to the perxnitted liinil; and(U) any sums already collected from Boirower which exceeded pexmitted lunits will be refwided to Borrower. Lellrl.es may choose to make this refund by reducing the principal owed under the Note or by making a direct paymcnt to Sorrower. If a refund reduces yrinclpal; the reducfion will bc h-eated as a parYial prepa�neut without azry prepayTnent chazgc(whetker or not&grepayment charge i� provided for under the V ote). Borrower's acceptance of any such refund made by direct payxnent to Borrower will constitute a waiver of any rinht of action Borrower might have arising out of such overchazge. 15. Notices. All notices given by Borrower or Lender in connecrion with this Securiry Instnunent rnust be in writing. ?,iry notice to Borrower in connection with this Security Instrument shal.l be deemed to have been � given to Boriower when mailed by first class mail or when actually delivered to Borrower's notice address if sent Uy o[her means. Notice to any one Borrower shall constitute norice to all Borrowers unless Applicable Lau�e�pressly requires otherwise. 11ie notice address shall be the Progerry Addcess unless Borrower has 2400039� NFBR4SKA-Single Family-Fannie A�aelFredaie Mzc IINIFORM INSTRUM ENT Foem 3�28 1lOt ��P� VMP6(NE)(1t05) "Jalters Kluw er Fnanclal Services Page 11 of t]