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2�120476� 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 Bonower shall not operate to release the liability of Bonower or any Successors in Interest of Bonower. I.ender 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 amortizarion of the sums secured by this Security Instrument by reason of any demand made by the original Borrower or any Suc,cessors in Interest of Bonower. Any forbeazance by Lender in exercising any right or remedy including, without limitation, Lender's acceptance of payments from third persons, enrities or Successors in Interest of Borrower 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. Bonower covenants and agrees that Borrower's obligarions and liability shall be joint and several. However, any Bonower who co-signs this Security Instrument but does not execute 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 personally obligated to pay the sums s�ured by this S�urity Instrument; and (c) agrces that Lender and any other Bonower can agree to extend, modify, forhear or make any accommodations with regard to the terms of this Security Instrument or the Note without the co-signer's consent. Subje�t to the provisions of Section 18, any Successor in Interest of Bonower who assumes Borrower's obligations under this Security Instrument in writing, and is approved by Lender, shall obtain all of Borrower's rights and benefits under this Se,curity Instrument. Bonower shall not be released from Bonower's obligations and liability under this Security Instrument unless Lender agre�s to such release in writing. The covenants and agr�ments of this Security Instrument shall bind (except as provided in Secrion 20) and benefit the successors and assigns of L,ender. 14. Loan Charges. Lender may charge Bonower fees for services performed in conne�tion with Borrower's default, for the purpose of prot�ting L�nder's interest in the Property and rights under this Security Insmiment, including, but not limited to, attomeys' fees, properiy inspecrion and valuation fees. In regard to any other fees, the absence of express authority in this S�urity Instnunent to charge a spe,cific f� to Borrower shall not be construed as a prohibirion on the charging of such f�. Lender may not charge f�s that are expressly prohibited by this Security Instrument or by Applicable Law. If the Loan is subject to a law which sets maximum loan chazges, and that law is finally interpreted so that the interest or other loan charges collected or to be collected in conn�tion with the Loan exc,eed 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 Borrower wluch exceeded germitted limits will be refunded to Bonower. Lender may choose to make tius refund by reducing the principal owefl under the Note or by making a direct payment to Borrower. If a refund reduces principal, the reduction will be treated as a partial prepaymern without any prepayment charge (whether or not a prepayment charge is provided for under the Note). Bonower's acceptance of any such refund made by direct payment to Bonower will constitute a waiver of any right of action Bortower might have arising out of such overcharge. 15. Nofices. All notices given by Bonower or Lender in connection with this Security Instrument must be in writing. Any notice to Borrower in connection with this Securiry Instrument shall be deemed to have been 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 Femily-Fannie Mae/Freddie Mac UN�FORM INSTRUMENT VMP � Wolters Kluwer Financial Services Form 3028 1l01 VMPB(NE) (1105) Page 11 af 17 i � ,h 1 , � , .-�