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20124G17�� 1111065911 Interest of Borrower or in amounts less than the amount then due, s6a11 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 agrees that Borrower's obligations and liability shall be joint and several. However, any Borrower who co-signs tbis Security Instrument but does not execute the Note (a "co-signer"): (a) is co-signing this Securiry Instrument only to mortgage, grant and convey the co-signer"s interest in the Property under the tenns of this Security Instrament; (b) is not personally obli�ated to pay the sums secured by this Security Instrument; and (c) agrees t6at Lender and any other Borrower can agree to extend, modify, forbear or make any accommodations with regard to the terms of this Security Instrument or the Note without the casigne�s consent. Subject to the provisions of Sectioa 18, any Successor in Interest of Borrower who assumes Borrower's obliga.tions under this Security Insirument in writing, and is approved by Lender, sha11 obtain all of Barrower's rights and benefits under this Security Instrument. Borrower shall not be released from Borrower's obligarions and liability under this Security Instrument unless Lender agrees to such rel�se in writing. 'I'he covenants and agreements of this Security Instrument shall bind (except as provided in S�tion 20) and benefit the successors and assigns of Lender. 14. Loan Charges. Lender may charge Borrower fees for services performed in connection 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, attorneys' fees, property inspection and valuation fees. In regard to any other fees, the absence of express authority in this Security Instrument to charge a specific fee to Borrower shall not be construed as a prohibition on the char�in� of such fee. Lender may not charge fees that are expressly prohibited by this Security Instrument or by Applicable Law. If the L.oan is subject to a law which sets maximum loan charges, and that law is finally interpreted so that the interest or other loan charges collected or to be collected in connection with the Loan exceed the permitted limits, then: (a) any such loan charge shall be reduced by t6e amount necessary to reduce the charge to the permitted limit; and (b) any sums already collected &om Borrower w}uch exceeded peimitted limits will be refunded to Borrower. Lender may choose to make this refund by reducing the principal owed vnder the Note or by making a direct peyment to Borrower. If a refund reduces principal, the reduction will be treated as a partial prepayment wit6out any prepayment charge (whether or not a prepayment chazge is provided for under the Note). Borrower's acceptance of any such refund made by direct payment to Borrower will constitute a waiver of any right of action Bonrower 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 connection with this Security Inswrnent shall be deemed to have been 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 Borrower shall constitute notice to all Borrowers unless Applicable Law expressly requires otherwise. The notice address shall be the Property Address unless Bonower has designated a substitute notice address by notice to Lender. Boaower shall promptly notify Lender of Borrower's change of address. If Lender specifies a procedure for reporting Borrower's change of address, then Boaower shall only report a change of address through that specified procedure. There may be aniy one designated notice address under this Security Instrument at any one time. Any notice to Lender shall be given by delivering it or by mailing it by first class mail to Lender's address stated herein onless Lender has designated another address by notice to Borrower. Any notice in connection with this Security Instrument shall not be deemed to have been given to Lender until actually received by Lender. If any norice required by this Security Instrument is also required under Applicable Law, the Applicable Law requirement wi11 satisfy the correspanding requirement under this Security lnstrument. 15. Governing Law; Severability; Rules of Construction. This Security Instrument shall be governed by federal law and the law of the jurisdiction in which the Property is located. All rights and obligations contained in this Security Instrument are subject to any requirements and limitations of NEBRASKA—Single Family—F�anie MaelFreddie Mac UNtFORM 1NSTRUMENT � 338.8 Page 10 of 14 Form 3U281l01 /��