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�fli�U�� 12. Borrower Not Released; Forbearance By Lender Not a Waiver. Extension of the tnne for payment or modifica.tion of amortization of the sums secured by this Security Insmiment granted by Lender to Bonower or any 5uccessor in Interest of Bonower shall not operate to release the liability of Bonower or any Suc.cessors in Interest of Borrower. Lender shall not be required to commence proceedings against any Successor in Interest of Bonower or to refuse to extend time for payment or otherwise modify amortization of the sums secured by this S�urity Instnunent by reason of any demand made by the original Bonower or any Successors in Interest of Bonower. Any forbearance by Lender in exercising any right or remedy including, without limitation, Lender's acceptance of payments from third persons, entities or Suc,cessors in Interest of Bonower 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. Bonower covenants and agrees that Borrower's obligarions and liability shall be joint and several. However, any Borrower who 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 obligated to pay the sums s�ured by this Security Instrument; and (c) agrees that Lender and any other Borrower can agree to extend, maflify, forhear or malce any accommodations with regazd to the terms of this S�urity Instrument or the Note without the co-signer's consent. Subj�t to the provisions of S�rion 18, any Successor in Interest of Bonower who assumes Borrower's obligations under this Security Instnunent in writing, and is approved by Lsnder, shall obtain all of Borrower's rights and benefits under this Security Instrument. Bortower shall not be released from Borrower's obligations and liability under this Security Instrument unless Lender agrees to such release in writing. The covenants and agreements of this Se�urity Instrument shall bind (except as provided in Section 20) and benefit the successors and assigns of Lender. 14. Loan Charges. Lender may charge Bonower f�s for services performed in conn�rion with Borrower's default, for the purpose of protecting Lender's interest in the Property and rights under this Security Instrument, including, but not limited to, attorneys' fces, property inspection and valuation fees. In regard to any other fees, the absence of express authority in this Se,curiry Instrument to charge a specific fee to Bonower shall not be construed as a prohibirion on the charging of such f�. Lender may not charge fees that are expressly prohibited by this 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 coll�terl in connection with the Loan exc.eed the permitted limits, then: (a) any such loan charge shall be reduced by the amount necessary to reduce the charge to the permitted limit; and (b) any sums already collected from Bonower which exceeded permitted limits will be refunded to Borrower. L,ender may choose to make this refund by reducing the principal o�vefl under the Note or by making a direct payment to Borrower. If a refund reduces principal, the rerluction will be treated as a partial �repayment without any prepayment charge (whether or not a prepayment charge is provided for under the Note). Borrower's acceptance of any such refund made by direct payme� to Borrower will constitute a waiver of any right of action Borrower might have arising out of such overcharge. 15. Notices. All notices given by Bonower or Lender in connecrion with this Security Insm�ment must be in writing. Any notice to Bonower in conn�tion with this Security Instrument shall be deemed to have been 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 Bonower shall constitute notice to all Borrowers unless Applicable Law expressly requires otherwise. The notice address shall be the Property Address unless Borrower has NEBHASKA-Single Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT VMP � Wokers Kluwer Financial Services Fo.�, soae �ro� VMP6WE) (7105) Paga 11 of 17 M . . e