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2012036�ti 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 tlus Security Instrument granted by Lender to Bonower or any Successor in Interest of Bonower 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 Successor in Interest of Borrower or to refuse to extend time for payment or otherwise modify amortization of the sums secured by this Security Instnunent by reason of any demand made by the originai 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, enriries or Successors 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 obligations and liabiliry 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-si,gcLng tlus Security Inst7vment 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 secured by this Security Instrument; and (c) agrees that Lender and any other Bonower can agree to extend, modify, forbear or mak� any accommodarions with regard to the terms of this Security Instrument or the Note without the co-signer's consent. Subject to the provisions of S�tion 18, any Successor in Interest of Borrower who assumes Bonower's obligations under this S�urity Instrument in writing, and is approved by Lender, shall obtain all of Borrower's rights and benefits under this Security Instrument. 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 agre�ments of this S�urity Insmiment shall bind (except as provided in S�tion 20) and benefit the successors and assigns of Lender. 14. Loan Charges. Lender may chazge Borrower fees for services performed in conn�tion 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, property inspection and valuation fees. In regazd to any other fees, the absence of express authority in this Security Insirument to charge a specific fce to Borrower shall not be construed as a prohibirion on the charging of such fee. Lender may not charge fees that aze expressly prohibited by this Security Instrument or by Applicable Law. If the Loan is subj�t 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�ted in connection with the Loan exce�rl the permitted limits, then: (a) any such loan chazge shall be reduced by the amount necessary to reduce the chazge to the permitted limit; and (b) any sums already collected from Bonower which excee�efl permitted limits will be refunded to Borrower. Lender may choose to make this refund by reducing the principal owed under the Note or by maldng a dire,ct payment to Bonower. If a refund re�iuces principal, the reduction will be treated as a partial prepayment without any prepayment chazge (whether or not a prepayment 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 acrion Borrower might have arising out of such overcharge. 15. Notices. All notices given by Bonower or Lender in connection with this Security Inst7vment must be in writing. Any notice to Bonower in connecrion with this Security Insttvment shall be d�med to have bcen given to Bonower 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 Borrowers unless Applicable Law expressly requires otherwise. The notice address shall be the Property Address unless Bonower has NEBRASKA-Single Family-Fannie Mae/Freddle Mac UNIFORM INSTRUMENT VMP � Woltera Kluwer Financial Services Fom, sozs �ro� VMPBINE) (1105) Page 71 of 7 7 ,�..,,' �..