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20120372� 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 5uc�cessor in Interest of Borrower shall not operate to release the liability of Borrower or any Successors 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 s�ured by this Se�urity Instrument by reason of any demand made by the original Borrower or any Successors in Interest of Bonower. Any forbearance by Lender in exercising any right or remefly including, without limitation, Lender's acceptance of payments from third persons, entities 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. Borrower covenants and agrees that Bonower's obligations and liability shall be joint and several. However, any Borrower who co-signs this Se�urity Instrument but does not ex�ute the Note (a "co-signer"): (a) is co-signing this S�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 p�rsonally obligated to pay the sums secured by t�is Security Instrument; and (c) agre�s that Lender and any other Borrower can agr� to extend, modify, forbear or make any accommodations with regard to the terms of this Se�urity Instrument or the Note without the co-signer's consent. Subject to the provisions of S�tion 18, any Successor in Interest of Bonower who assumes Bonower's obligations under this Security Instrument in writing, and is approved by LQnder, shall obtain all of Borrower's rights and benefits under this Security Instrument. Borrower shall not be releasefl from Borrower's obligarions and liability under this Se�urity Instrument unless Lender agrees to such release in writing. The covenants and agreements of this Security Insrilunent shall bind (except as provided in Se�tion 20) and benefit the successors and assigns of Lender. 14. Loan Charges. Lender may chazge Borrower f�s for services performed in conne�tion with Borrower's default, for the purpose of prot�ting L.ender's interest in the Property and rights under this S�urity Instrument, including, but not limited to, attorneys' fees, property inspecrion and valuation fees. In regard to any other f�s, the absence of express authoriry in this S�urity Instiument to chazge a specific fee to Borrower shall not be construed as a prohibition on the chazging of such fee. Lender may not charge fe�s that aze expressly pmhibited by this S�urity Instrument or by Applicable Law. If the Loan is subject to a law which sets maximum loan charges, and that law is finally interpretefl so that the interest or other loan charges coll�ted 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 pemutted limit; and (b) any sums already collected from Bonower which exc,eeded permitted limits will be refunded to Bonower. Lender may choose to make this refund by reducing the principal owed under the Note or by maldng a dir�t payment to Borrower. If a refund reduces principal, the reduction will be treatefl as a partial prepayment without any prepayment charge (whether or not a prepayment charge is provided for under �e Note). Borrower's acceptance of any such refund made by direct payment to Bonower will constitute a waiver of any right of action Bonower might have arising out of such overcharge. 15. Notices. All notices given by Bonower or Lender in conn�tion with this Security Instrument must be in writing. Any norice to Bvnower in conn�tion with this Security Instrument shall be deemed to have b�n given to Borrower 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 NEBRASKA-Single Family-Fannie Mae/Freddie Mec UIVIFORM INSTRUMENT Form 3028 1/01 VMP p VMP8fNE) (7105) Wolters Kluwer Financial Services Page 11 of 17 � . , i' � . .