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20120423� 12. Borrower Not Released; Forbearance By Lender Not a Waiver. Extension of the time for payment or modificarion of amortization of the sums secured by this Security Instrument granted by Lender to Borrower or any Successor in Interest of Bonower 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 secured by this Security Insmiment by reason of any demand made by the original Bonower or any Succ�sors 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 Successors in Interest of Bonower or in amounts less than the amount then due, shall not be a waiver of or preclude the exercise of any right or remedy. 13. Joint and Several Liability; Co-signers; Successors and Assigns Bound. Borrower covenants and agr�s that Bonower's obligations and liability sha11 be joint and several. However, any Bonower who co-signs this S�urity 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 Properiy under the terms of this Security Instrument; (b) is not personally obligatefl to pay the sums secured by this S�urity Instrument; and (c) agre�s that Lender and any other Borrower can agree to extend, modify, forbear or make 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 Secrion 18, any Successor in Interest of Bonower who assumes Bonower's obligations under this Security Instnunent in writing, and is approve� by Lender, shall obtain all of Borrower's rights and benefits under this Security Instnunent. Bonower shall not be released from Bonower's obligations and liability under this Security Instrument unless Lender agrces to such release in writing. The covenants and agreements of this S�urity Inst.�vment shall bind (except as provide�i in Secrion 20) and benefit the suc,cessors and assigns of Lender. 14. Loan Charges. Lender may charge Bonower f�s for services performe� in connecrion with Borrower's default, for the purpose of protecting Lender's interest in the Property and rights under this S�uriry Instrument, including, but not limited to, attomeys' fees, properiy inspe,ction and valuarion f�s. In regazd to any other fees, the absence of express authority in this Security Instrument to charge a specific f� to Bonower shall not be construed as a prohibition on the charging of such f�. Lender may not charge fees that aze expressly prohibited by this Security Instrument or by Applicable I.aw. 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 coll�ted or to be collected in connection with the Loan exceed the permitted limits, then: (a) any such loan chazge shall be reduced by the amount necessary to reduce the charge to the pernutted limit; and (b) any sums already colle,cted from Borrower which excceded permitted limits will be refunded to Borrower. Lender may choose to make this refund by reducing the principal owe� under the Note or by making a dire�t payment to Borrower. If a refund refluces principal, the r�uction will be treated as a partial prepayment without any prepayment chazge (whether or not a prepayment charge is provided for under the 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 norices given by Borrower or Lender in connection with this Security Instrument must be in writing. Any notice to Borrower in connection with this Security Instrument shall be d�med 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 Iaw expressly requires otherwise. The notice address shall be the Property Address unless Bonower has NEBRASKA-Single Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMEM Form 3028 1/01 VMP � VMP6INE) (1105) Wolters K�uwer Financial Services Page 11 of 17 h .