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20�20�28v All Miscellaneous Proceeds that aze not applied to restoration or repair of the Property shall be applied in the order provided for in Section 2. 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 sha11 not operate to release the liability of Borrower or any Successors in Interest of Borrower. Lender sha11 not be required to commence proceedings against any Successor in Interest of Borrower or to refuse to extend time for payment or otherwise modify amortization of the sums secured by tlus Security Instrument by reason of any demaad made by the original Borrower or any Successors in Interest of Borrower. Any forbearance by Lender in exercising any right or remedy including, without limitarion, Lender's acceptance of paymeats from third persons, entities or Successors in Interest of Borrower or in amounts less than the amount then due, shaU not be a waiver of or preclude the exercise of any right or remedy. 13. Joint and Several Liability; Casigners; Successors and Assigns Bound. Borrower covenants and agrees that Bonower's obligations and liability sha11 be joint and several. However, any Borrower who co-signs this Security Instrument but does not execute the Note (a "casigner"): (a) is co-signing tlus Security Instrument only to mortgage, grant and convey the co-signer's interest in the Property under the terms of this Security Inshument; (b) is ttot personally obligated to pay the sums secured by this Security Instrument; and (c) agrees that Lender and any other Borrower can agree to extend, modify, forbear or make any accommodations with regazd to the terms of this Security Instrument or the Note without the co-signer's consent. Subject to the provisions of Section 18, any Successor in Interest of Borrower who assumes Borrower's obligations under this Security Instrument in writing, and is approved by Lender, shall obtain a11 of Borrower's rights and benefits under this Security Instrument. Borrower 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 Security Instrument shall bind (except as provided in Section 20) and benefit the successors and assigns of Lender. 14. Loan Charges. Lender may charge Borrower fees for services performed in connection 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, attomeys' fees, properiy inspection and valuation fees. In regard to any other fees, the absence of express authority in tivs Security Instrument to charge a specific fee to Bonower sha11 not be consirued as a prokubition on the charging of such fee. Lender may not cha.rge fees that are expressly prohibited by this Security Inslrument or by Applicable Law. If the Loan is subject to a law wluch sets maximum loan charges, and that law is finally interpreted so that the interest or other loan chazges collected or to be collected in connection with the Loan exceed 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 Borrower which exceeded permitted limits will be refunded to Borrower. Lender may choose to make this refund by reducing the principal owed under the Note or by making a direct payment to Borrower. If a refund reduces principal, the reduction will be treated as a partial prepayment without any prepayment charge (whether or not a prepayment chazge is provided for under the Note). Borrower's acceptance of any such refund made by direct payment 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 Borrower or Lender in connection with tkus Security Inshument must be in writing. Any norice to Borrower in connection with this Security Instrument shall be deemed to have been given to Borrower when mailed by first class mail or when actually delivered to Borrower's norice address if sent by other means. Notice to any one Borrower shall conskitute notice to all Borrowers unless Applicable Law expressly requires otherwise. The notice address sha11 be the Property Address unless Borrower has designated a substitute norice address by norice to Lender. Borrower sha11 promptly norify Lender of Boaower's chaage of address. If Lender specifies a procedure for reporting Borrower's change of address, then Borrower sha11 only report a change of address through that specified procedure. There may be only one designated notice address under this Security Insh�ument at any one time. Any notice to Lender shall be given by delivering it or by mailing it by first class mail to Lender's address stated herein unless Lender has designated another address by notice to Borrower. Any notice in connection with this Security Inshlunent shall not be NEBRASKA -Single Fam(ly-Fannle Mae/Freddle Mac UNIFORM INSTRUMENT with MERSForm 3028 1/01 Page 8 of 13 ios, ma Bonower(s) IniUals