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201206312 12. Borrower Not Released; Forbearance By Lender Not a Waiver. L+xtension of the tiine i'or pa}nnent or modification of'aznartizetion of the sums seotrred Uy this Sectuity IusCrmnent gcanted by Lcndor to 13orro�er or any S�wceesor in [nterest oF Borrower shatll not operate Co rdcase the liaUility of Borxower or amy Successors in Hi4ereat of Borrower. l,ender shall aot L�e required to commcncc proceedings against any Successor in Interest o£Boxxower or to rofuse to exfend Cime for payment or otherwiso moclify amortisation of t�he sums secured by thie Security InstriunenC by reasc�n ��f any deinand inade by the original Boxrower or any Succcssors in Interesf of Borrower, tlny Yoibeaxpnce by Lender in oxercieing any right or remedy inoluding, withouC liiniYa�ion, Lendw's acceptai2ca oPpaymente from thirdpersons, �n6ties or Sueeassors in Interest of Borrower or in n�nounCe less tl�an fl�o�nourrt flie�i due, shall not be n waiver of or prcclude the exercise of a�iy right or remedy. 13. Joint and Several Liability; Co-signers; Successors and Assigns Bound. Borrower covenants auCl agreeY tUat Borrower's obligations and liAbility shall be joint�nd saveral. However, �uiy Borrower who co-eigns this Scourity fnstrumeut Uut does not execufe the Note (a "co-signer"): (a) i+; eo-�igning tbis Seeurity Inefrumenf only Yo inortgage, �,�'ant ancl convey the co-signer's interest in the Property undcr tlie terms oP Ylils Security Instrumenr, (b) ie noC personally obligatcd to pay the stuns secured Uy this Seourity 1nst�ument; and(c) agrees tliaf Lender and eny oYher Borrower oan�ngre;c;to cxtc��d, modily, f'orhear or make any accoint�odatione with rcgard to the te�zns of this Securitiy Instrument or the Nake withont t7�o co-siUmar's conaent. Subject to the provisions of Section 18, any Succcssor in Ititerest of Borrower who assumes Borrower's obligakions under this Security Instruu�ent in writing, �nd is aF�provcci Uy l,ender, sh�ll obtaiu all of f3orrower's cights aaid UenafiCs under this Security Instnin7ent. Borrower �hall not Ue released from Borrower's obligatiouy and liabiliky iuider fhis Secw'ity Instrtunent unlass Lender agXees to such rclense ii� v✓riting. The oovei�ian6�s and agreemcnis c�f Yl�is Security Jtzsf�ument shall biud (except�a provided in Sectiari 20) and bene&t the successors and assigis oPLender, 1 A. Loan ChaYges. Lender may charge Aorrower fees for services pc�rformed in covnectioil with Borrower'a default, for the purpose of protecting Lendar's interest 3n the Property eaid righCs imdcr tl�is Seczuity InsCrwnenC, including, but not li�nitcd to, attomeys' fees, propertiy inspection and valuation fee,4. Iu ragard tio� any oEher£ees, the aUsenoe of expxese�ulhority in Chis Secm•ity Instrument to cl�aega ct specific Pee ta Borrower shall not be eonsYiued a.s a prohibifion on the charging oP such fee. Lender may voT cl�arga f'ees tihaC are expressly prohibitcd by tl�is Sco�trity Inyt��tiunent or by A�licable I.aw. If thc Loen is subjc,�t to a 7aw w6icli �ets tnaximwn loau chargas, and that l�w is finnlly inCeipre��ecl�o that the interest ox other loan�charges colle�;tcd or to bo cc>llected in comiection with the LoAn exceed the parmitYed li�niCs, then: (a) any such loan oharge shall be reduced by the amount necessaiy tio reduca the charge to the permitted limit; and (U) �iy stuns already collacted from IIorrower wlaich cxcceded permitted lili�ids will 6e refunded to ]3orrower. Lcnder rnay choose to malce this ref'und Uy reducing the principal owed uuder the Note or by making a clirect pnyinenc to Borrower. IP a refuixl reduces��rincipal, the reduction will Ue treaSed as a partiRl I�repayinent withottt any prepayuient cherge(whether or noC a pre��ayme�rt charge is pinvided for undcr tUo NoEc), l3c�n�ower's acceptance of airy such refund made by direot paymenC Co Borrower will conetitute a wniver of any righC�f action 13orrowcr inight have arising out of such overoharge. 15. Notiees. All notioes given by Borrower or Lender in conncctiou with tl�is Sectu'iYy Inshvment niust 6e in writing. Any noeice to Borxower in connecCion wi[�h t�his Security Instr�unent shall be deemed to have been given to I3orrower when mailed by firsti class mtul or when actunlly delivered Lo Borrower's notice address if sont by other incans. Noticc to any one I3ouower sha11 constitutie notice to all Barrowers uuless Applicablo Law expreasly iequixes otherwise. The nohice addrese sl�all Uc tho Properky Address wfless Bon•ower has 24001585 Nf6RFlSKA-Single Fam ily-Furmle M aelFretidlo M ac UNIFORM INSTRUM ENT Porm 3020 1701 VM P(� VMP6(NE)(11051 Wolters Kluwar flnencialBervloee Page 11 of�7