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2Q1205�07 12. Borrower Not Released; Forbearance By Lender Not a Waiver. Extension of the time for payment or modification of amortization of the sums s�ured by this S�urity Instrument granted by Lender to Bonower 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 proc.eedings 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 S�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, enrities 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 agrces that Bonower's obligations and liability shall be joint and several. However, any Bonower who co-signs this Security Instrument but daes 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 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) agr� that Lender and any other Bonower can agr� to extend, modify, forbear or make any accommodations with regard to the terms of this Security Instrument or the Note without the co-signer's consent. Subj�t to the provisions of S�rion 18, any Successor in Interest of Bonower who assumes Bonower's obligations under this S�urity Instnunent in writing, and is approved by Lender, shall obtain all of Borrower's rights and benefits under this Security Instnunent. Bonower shall not be released from Borrower's obligarions and liability under this Security Instrument unless Lender agr�s to such release in writing. The covenants and agre�ments of this Security Insmiment shall bind (except as provided in Secrion 20) and benefit the successors and assigns of I.ender. 14. Loan Charges. Lender may chazge Bonower fees for services performefl in connecrion with Bonower's default, for the purpose of prot�ting Lender's interest in the Property and rights under this Security Instniment, including, but not limite� to, attomeys' fees, property insp�tion and valuation f�s. In regazd to any other fees, the absence of express authority in this Se,curity Instnunent to charge a spe�ific f� to Borrower shall not be construed as a prohibition on the chazging of such f�. Lender may not charge f�s that aze expressly prohibited by this Security Instrument or by Applicable Law. 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 chazges collected or to be collected in conn�tion with the Loan exce�d the permitted limits, then: (a) any such loan charge shall be refluced by the amount n�;essary to refluce the charge to the permitted limit; and (b) any sums already coll�ted from Borrower which exceeded permitted limits will be refunded to Bonower. Lender may choose to make this refund by reducing the principal owe� under the Note or by making a direct payment to Borrower. If a refund reduces principal, the reduction �vill be treatefl as a partial prepayment without any prepayment charge (whether or not a prepayment charge is provided for under the Note). Bonower's ac�ceptance of any such refund made by direct payment to Borrower will consritute a waiver of any right of action Bortower might have arising out of such overcharge. 15. Notices. All notices given by Borrower or Lender in connection with this Security Instrument must be in writing. Any notice to Borrower in conne,ction with this Security Instrument shall be d�med to have be�n given to Bonower when ma.iled by first class mail or when actually delivered to Borrower'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 Famtly-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT VMP Q Wolters Kluwer Financlal Services Fo.�, soza iro� VMPB(NE) (1105) Page 11 of 17