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2012035�v 1111062347 of the sums secured by this Security Instrument by reason of any demand made by the original Borrower or any Successors in In.terest of Bortower. ,Any fozbearance by Lender in exercising any right or remedy inclucting, without limitation, Lender's acceptance of payments from third persons, entities or Successors in Interest of Borrower or in amounts less than the�amo�ant then due, sha11 not be a waiver of or preclude the exercise of aay right or remedy. 13. Joint and Several L�tability; Go-signers; Snccessors and Assigns Bonnd. Boaower covenants and agrees that Borrower's obligati.ons and liability shall be join�t an,d several. �Iowever, aay Borrower who co-signs this Security Tnstnm�ent but does not execute the l�Tote {a "'co-signer"): (a) is co-signing this Security Tnst�vment onky to lnortgage, graat and convey the co-signer's intezest ia the Property under the terms of ttiis Security Inslrument; (b) is not personally obiigated to pay the svms secured by this Security Instrumen� and (c) agrees that Lender aad any other Borrower can agree to extend, mod.ify, forbear or make any accommode.tions with regazd to the terms of this Security Instrument or the Note without the co-signer's consent. • Subject to the provisions of Sectzon 18, any Successor in Interest of Borrower who assumes Borrower's obligatio�s undez this Security Instrvment in writing, and is approved by Lender, shall obtain all of Borrower's rights and benefits tmder this Security Instru,ment. Borrower shall not be released from Bortower's obligations aud liability under this Security Ius�ent 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 successozs and assigns of Lender. � 14. Loan Charges. Lender may charge Bozrower fees for services performed in connection with Borrower's default, foz the purpose of protecting Leader's interest in tY�e Property and rights under tivs Security Instrument, including, but nqt liuiited to, attomeys' fees, paoperty i.nspection and valuation fees. In regard to aay other fees, the absence of express authority in this Security Instrument to charge a specifie fee to Borrower shall nat be consirued as a pmlubition on the chazging of such fee. Lender may not charge fees that are expressly prolu'bited by this Seeurity Ins-trument or by A,pplicabJ,e Law. If the Iaan is subject to a law which sets maximum loan charges, and that law is finally inteipreted so that the interest ar other loau charges collected or to be collected in conaeetion with the L.oan eJCCeed the permitted limits, then: (a) an� such loaia charge shall be reduced by th.e amouut necessazy to reduce the charge to �the pezmitted limit; and (b) any smns already collecked from Borrower wkuch 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 mal4ng a dizect payment to Borrower. If a refund reduces principal, the rednction, will be treated as a partial prepayment without anq prepayment charge (whether or not a prepayme�tt charge is �rovided 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 azising out of such overcharge. 15. Notices. All notices given by Borrower or Lender ia connection with this Secu,rity Instrumeat must be in w�rfiting. Any notice to Borrower in connection with this Security Instrumerit shall be deemed to have been given to Boirower when mailed by fizst class mail or when actually delivered to Borrowe�s notice address if seat by other means. Notice to any one Bortower shall constitute notice to all Boaowers unless Applicable Law expressly requires otherovise. The notice address sha11 be the Properry Address unless Borrower has designaxed a substit�te notice address by notice to Lender. Borrower sha.11 prompflq potify T,endet of Borrower's change of address. If Leader specifies a procedure for reporEing Borrowez's change of address, then Borrower shall only report a change of address through that specified proceduze. There may be only one designated �otiee address tmder this Security Ir�siru�ment at any one time. Any notioe to Lender shall be given by deliverin.g it or by mai(.ing it by first class mail to Lender's address stated herein tinless Leader has designaxed aaother address by notice to Borrower. Any nvtice in couaeetion with this Security Instrument shall not be deemed to have been given to Lender uutil actually received by Lender. If any notice required by tbis Seciuity Instr�unent is also required under Applicable Law, the Applicable Law requirement will satisfy the co�sesponding requirement uader this SecUrity Instrumen� NEB1tASKA-Smgle Fam�1y—Fannie 11QadFredt�le Mac UIVIFORN! YNSTAUD'�NT � 338.8 Page 10 of 14 Form 30281/01 ._< _�.,__ �. . �� .. _ .�..__ ._, . ... ... _.. - .-