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2012021�5 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 Bortower or any Successor in Interest of Bonower shall not operate to release the liability of Bonower or any Successors in Interest of Bortower. Lender shall not be required to commence procee�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 Instivment 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 rem�y including, without limitation, 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 Liability; Co-signers; Successors and Assigns Bound. Borrower covenants and agrees that Bonower's obligarions and liability shall be joint and several. However, any Bonower who co-signs this S�urity Insm�ment but does not execute 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 Property under the terms of this Security Instrument; (b) is not personally obligated to pay the sums se�ured by this Se�urity Instrument; and (c) agrees that Lender and any other Bonower can agr� to e�end, modify, forbear or make any accommodations with regard to the terms of this Security Instrument or the Note without the co-signer's consent. Subje,ct to the provisions of Section 18, any Successor in Interest of Borrower who assumes Bortower's obligations under this Security Instrument in writing, and is approved by Lender, shall obtain all of Bonower's rights and benefits under this Security Instniment. Bonower shall not be releasefl from Borrower's obligations and liabiliry under this Security Instrument unless Lender agrces to such release in writing. The covenants and agreements of this S�urity Insmiment shall bind (except as providefl in Section 20) and benefit the successors and assigns of Lender. 14. Loan Charges. Lender may charge Borrower f�s for services performed in connection with Bonower's default, for the purpose of prot�ting Lender's interest in the Property and rights under this S�urity Instrument, including, but not limited to, attorneys' fees, property insp�rion and valuation fee�s. In regard to any other fees, the absence of express authority in this S�urity Instrument to charge a specific f� to Borrower shall not he construed as a prohibition on the charging of such fe,e. Lender may not charge fees that aze expressly prolubited by this Security Instrument or by Applicable Law. If the Loan is subject 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 connecrion with the Loan exceed the permitted limits, then: (a) any such loan charge shall be reduced by the amount nece.ssary to reduce the charge to the permitted limit; and (b) any sums already collected from Borrower which exc.eedefl permittefl limits will be refunded to Borrower. I.ender may choose to make this refund by reducing the principal owed under the Note or by making a direct payment to Bonower. If a refi�nd reduc� principal, the reduction �vill be treated as a partial prepaymern without any prepayment charge (whether or not a prepayment charge is providefl 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 norices given by Borrower or Lender in connection with this 5�urity Insttvment must be in writing. Any notice to Borrower in conn�tion with this S�urity Instrument shall he 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. Norice to any one Bonower shall constitute norice to all Bonowers 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 VMP p Woltars Kluwar Finencial Services Form 3028 1 /01 VMPB(Nf) (1106) Pape 11 of 17 � i , .