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20�20538� 1�. Borrower Not Released; Forbearance By Lender Not a Waiver. Extension of the time for payment or I modification of amortizarion of the sums secured by this Security Insmiment granted by Lender to Borrower or any Successor in Interest of Borrower 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 eztend rime for payment or otherwise modify amortizarion � of the surns secured by this Security Instrument by reason of any demand made by the original Bonower or i any Successors in Interest of Borrower. Any forbearance 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 Bonower or in amounts less than the amount then due, shall not be a waiver of or pre�lude the , exercise of any right or remedy. Joint and Several Liability; Co-signers; Successors and Assigns Bound. Borrower covenants and agrees that Borrower's obligarions and liability shall be joint and several. However, any Bonower who co-signs this S�urity Instrument but does not ex�ute the Note (a "co-signer"): (a) is co-signing this Security Insriument only to mortgage, grant and convey the co-signer's inter�t in the Properiy under the terms of this Security Instrument; (b) is not personally obligated to pay the sums s�ured by this Security Instivment; and (c) agrces that Lender and any other Bonower can agree to extend, modify, forbear or malce any accommodations with regazd to the terms of this Se,curity Instnunent or the Note withaut the co-signer's consent. Subject to the provisions of S�tion 18, any Successor in Interest of Bonower who assumes Borrower's obligations under this Security Instrument in writing, and is approvefl by Lender, shall obtain all of ' Borrower's rights and benefits under this S�urity Insmament. Bonower shall not be released from Bonower's obligations and liability under this S�urity Instrument unless Lender agrees to such release in �+riting. The covenants and agreements of this Security Instrument shall bind (except as provide� in Se�tion 20) and benefit the successors and assigns of Lender. 1j,4. Loan Charges. Lender may charge Bonower fees for services performed in connecrion 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 fces. In regard to I! any other fe�s, the absence of express authority in this 5ecurity Instrument to chazge a spec;ific fe,e to � Borrower shall not be construed as a prohibition on the charging of such fee. Lender may not chazge f�s �� that are expressly prohibiterl by this Security Instrument or by Applicable Law. 15. i � �I � I If the Loan is subject to a law which sets maximum loan charges, and that law is finally interprete� so that the interest or other loan chazges collected or to be collected in conn�tion with the Loan exceed the permitted limits, then: (a) any such loan charge shall be reduc,ed by the amount necessary to reduc� the charge to the permitted limit; and (b) any sums already collected from Borrower wluch exceeded permitted limits will be refunded to Borrower. Lender may choose to make this refund by r�ucing the principal owefl under the Note or by making a direct payment to Borrower. If a refund reduces principal, the reduction will be treate�l as a partial prepayment without any prepayment chazge (whether or not a prepayme� charge is provided for under the Note). Bonower's acceptance of any such refund made by direct payment to Bonower will consritute a waiver of any right of action Borrower might have arising out of such overcharge. Notices. All norices given by Borrower or Lender in connection with this Se�urity Instivment must be in writing. Any notice to Bortower in conn�tion with this Security Instrument shall be deemed to have been given to Borrower 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 Bonowers 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 � Wolters Kluwer Financtal Services I Form 3028 1/07 VMP6(NE) (11051 Page 11 of 17 ;j '�; � � , .