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20i2Q203v 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 Bonower or any Successors in Interest of Borrower. Lender shall not be required to commence proceedings against any 5uccessor in Interest of Borrower or to refuse to extend time for payment or otherwise modify amortizarion of the sums secured by this Security Insmiment by reason of any demand made by the original Borrower or any Successors in Interest of Borrower. Any forbearance by Lender in exercising any riglat or remedy including, without limitation, Lender's acceptance of payments from third persons, enrities 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 �nd Several Liability; Co-signers; Successors and Assigns Bound. Borrower covenants and agrees that Bonower's obligations and liability shall be joint and several. However, any Bonower �vho co-signs this Security Instrument but does not execute the Note (a "co-signer"): (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 S�urity Instrument; (b) is not personally obligatefl to pay the sums s�ured by this Se�utity Instrument; and (c) agrees that Lender and any other Borrower ran agre� to extend, modify, for'bear 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 Borrower who assumes Bonower's obligations under this Security Instrument in writing, and is approved by Lender, shall obtain all of Borrower's rights and benefits under this Security InstYVment. Bonower 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 Insixument shall bind (except as provided in Secrion 20) and benefit the successors and assigns of I,ender. 14. Loan Charges. Lender may charge Borrower fees for services performed in connection with Borrower's default, for the purpose of prot�ting Lender's inter�t in the Property and rights under this Security Instrument, including, but not limited to, attorneys' fees, property inspecrion and valuation fees. In regard to any other f�s, the absence of express authority in this Security Instrument to charge a specific fee to Borrower shall not be construed as a prohibirion on the chazging of such f�. Lender may not charge f�s that aze expressly prolubited by ttus 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 charges collected or to be collected in conn�rion with the Loan excced the permitted limits, then: (a) any such loan charge shall be reduced by the amount ne�essazy to reduce the charge to the permitte� limit; and (b) any sums already collecte� from Bonower which exceeded permitted limits will be refundal to Bortower. Lender may choose to make this refund by reflucing the principal owed under the Note or by making a dir�t payment to Bonower. If a refund refluces principal, the rerluction �vi11 be treate�i as a partial prepayment without any prepayment charge (whether or not a prepayme� charge is provided for under the Note). Bonower's acceptance of any such refund made by dir�t payment to Bonower will constitute a waiver of any right of action Bonower might have arising out of such overcharge. 15. Notices. All notices given by Bonower or Lender in conn�tion with this Security Instrument must be in writing. Any notice to Bonower in conne,crion with this S�urity Instrument shall be deemed to have b�n given to Borrower 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 notice address shall he the Property Address unless Borrower has NEBRASKA-S(ngle Famlly-Fennie Mae/Freddie Mac UNIFORM INSTRUMENT VMP p Wolters Kluwar Financlal Services Form 3028 1/O7 VMPB(NE) f7105) Pege 11 of 17