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201 206530 12. Borrower Not Released; Forbearance By Lender Not a Waiver. Extension of the time for payment or modification of amortization of the sums se,cured by this Security Instrument 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 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 Bonower or 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, entities or 5uccessors in Interest of Borrower or in amounts less than the amount then due, shall not be a waiver of or pre,clude the exercise of any right or remedy. 13. Joint and Several Liability; Co-signers; Successors and Assigns Bound. Borrower covenants and agrees that Bonower's obligations and liability shall be joint and several. However, any Bonower who co-signs this Security Instrument but does 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 Security Instrument; (b) is not personally obligated to pay the sums s�urefl by this Security Instrument; and (c) agrees that Lender and any other Borrower can agre� to extend, modify, forbear or make any accommodations with regazd to the terms of this Security Instiument or the Note without the co-signer's consent. , Subj�t to the provisions of 5ecrion 18, any Successor in Interest of Bonower who assumes Bonower's obligations under this Security Instivment in writing, and is approved by Lender, shall obtain all of Borrower's rights and benefits under this Security Instrument. Bonower shall not be releasefl from Borrower's obligations and liability under this Security Instrument unless Lender agrees to such release in writing. The covenants and agreements of this Se�urity Instrument shall bind (except as provided in S�tion 20) and benefit the successors and assigns of Lender. 14. Loan Charges. L�nder may charge Bonower 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, attomeys' fees, property insp�tion and valuation fees. In regard to any other fees, the absence of express authority in this Security Insmiment to charge a sp�ific fee to Bonower shall not be construed as a prohibirion on the chazging of such fee. Lender may not charge f�s that aze expressly prohibited by tlus S�urity Instrument or by Applicable Law. If the Loan is subject to a law which sets maximum loan chazges, and that law is finally interpreted so that the interest or other loan charges coll�ted or to be collected in conne,ction with the Loan exceed the pemutted limits, then: (a) any such loan charge shall be reduced by the amount ne�essary to reduce the chazge to the permitted limit; and (b) any sums already collected from Borrower which exceedefl permitted limits will be refunded to Bonower. Lender may choose to make this refund by reducing the principai owefl under the Note or by making a direct payment to Borrower. If a refund refluc� principal, the reriuction will be treated as a partial prepayment without any prepayment charge (whether or not a prepayment chazge is provided for under the Note). Borrower's acceptance of any such refund made by dir�t payment to Bonower will constitute a waiver of any right of action Borrower might have arising out of such overcharge. 15. Notices. All notices given by Borrower or Lender in connection with this Security Instrument must Ue in writing. Any notice to Borrower in connection with this Security Instrument shall be deeme� to have b�n given to Bonower when mailed by first class mail or when actually delivered to Bonower's notice address if sent by other means. Notice to any one Bonower shall constitute norice to all Bonowers unless Applicable L.aw expressly requires otherwise. The norice address shall be the Property Address unless Bonower has NEBRASKA-Single Family-Fannie MaelFreddie Mac UNIFORM INSTRUMENT Form 3028 1/Ot VMP Q VMP6INE) �1105) Wolters Kluwer Flnancial Services Page 11 of 17 + ' � u ,