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201206261 12. Borrower Not Released; Forbearance By Lender NoY a Waiver. Sxteusion oT tlie tin�e for paymenC or � modlficatioa oY ainortization of the sums secured by this Secuciry Tnsu�wnent granted by Leoder to Borrower or any Successor in interest of Bnrrower sl�all not operete tc� xelease tl�c IiabiliCq oP Rorrower or any 8uceessors in InCerest of Borrower. Lender shall not be required to comme��ce proceedings agninst any Successor in Ii�terest of Borrowcr or Co refuse Co extend eime for pa}�ment or otherwise modi'Py amortiz�ttion e�f thc sunzs sccared by this Securiry Instrument by reason of�my den2and madc by Che original Borrower or any Sliccessors in Interest of Bocrower. Any forbetu�m¢e by L,cndcr in exercising any rig1�C or remady ineLuding, withouY limitation, Lender's ttcceptuice of payments from third persous, entities oi Suceessors iu InteresC of Borrowec or in 2moimts less Chan lhc amount then due, shall noc be a waiver of or predude the exercise of 2ny right ar remedy. 13. Joint and Severai Liability; Co-signers; Successors and Assigns Bound. Borrower covenants and agrees that Borrower's obligations and liabiliCy sh1[I Ue joiut and sevecaL However, any Borrower who co-signs lhis Security Instrurnent but does not execute the Notc(a "co-signer"): (a) is eo-siguing tliis Secttrity Instrument only to moctgage, gtant and convey the co-signer's interest in tlie Property ander thc tenns oP this Security Insh•unient; (b) is not personall� obligatad to pay tl�e sums secured by Chis Seem•ity Instrumeiit; and (c) agrees ChaC Lender and any otl�er Borrower can agree to exCend, modify, Porbear or mal<e any accommodations with regard Co Clie terms of tliis Security InsteumenC or Che Note without the co-signer's consent. SubjecC Co the provisions oY SecYion 1A, any Successo� in Interest o'C]3orrower who assmnes Borrower's obligations under Chic Seeuciry Instrument in writing, and is approved by Lender, shall obtain all of Borirower's riglits and benefits under this Security lnstrument. Borrower shall not be eeleasecl froin Borrower's obliga[ions and liability under this Securiry InsYrumene unless Lender agreee to such release in writing. The coventtnCs and a�reements of this Security Listrument sl�al] bind (except as provided in Section 20) ai�d benefic the suoeeseors and assigns o'F Lender. 14. Loan Charges. Lender may charge Borrower fees for services performed in connection witli Borrower's default, for Yhe purpose oP protecting Lender's interest in d1e Properry and righfs under this Security InstiumenY, tilcluding, buC not limitcd fo, attort�eys' fees, praper-ry inspection and vtiluation 1'ecs. Ln regard to aiiy other fees, the absence of cxpxess authority in this Security I�istrument to charge a specific fee to Bo�rower shall noe be construed as a prohibition on We chargin�; of such fce, Lender may not ehnrge Pees thaC are expeessly proh3Uited by this SecuriCy lnstrun�eot or by Applica�le Law. IY the Loao r`s s¢bjecY to a law whicli set,s inax3muni loan charges, and that law is fivally interpi`eted so tt�nt the inCerest or oHiec loan eharges collected or Co bc�colleeted in eonnection wifli tlie Loan exceed the peTmitted limits, dien: (a) any such loan charge shall Ue reduced Uy the unount iieceeeary to reduce the charge to the permitfed limiC; and (b)any sums alieady wllected fLom Borrowcr which exceeded permitCed IimiCs will be refunded Co Borrawer. Lendec may cl�oosd to makc fhis refu�d by reducing tl�e principnl awed under Che Note or by making a direct paymei�t to Borro�ver. Tf a refimd reduees principal, the recluction will Ue treated as a pu•tia] prepayment withoul' any prepaymenf el��trge(wliether or not a pre�aymecrl charge is provided for under lhe Notc). Boerower's accepCance of nny sucl� refur�d made by dircct payment to Borrower will coustitute a waiver of any riglil of action Borrower might have arising oat of such overcharge, 16. Notiees. All nutices given by Borrower or Lender in coimection with this Security InsCrument must he in writing. Any noCice Co Borrower in connection witli tl�is Security InstrumenC shal[ be deemed to have been given to Borrower when mailed by first class mai] or when ac6ually de[ivered to Rorrower's notice address iF sent by other means. Notice Co a��y one Borrower shall constituta t�oCice Co all Borrowexs unless A�plicaible L�w expressly requires otherwise. Thc notice addrese sliall be the Propezty Address w�lass Borrower has ---..'. zaooi.,sa NEBRASICA-9inglo Fomlly-Fannla MaelFreddl5 INao UNIFOFM IN3TRUMENT Form 3020 7107 yMP� VMP8INE�I�1061 Wolters Kluwer Flneuainl Sarvloae POpo N of 77