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201206538 72. Borrower Not Released; Forbearance By Lender Nat a Waiver. F�ctension of the time for payment or modification of amortization of tlte suros secured by tlris Security Insttument granted by Lender to Borrower or any Successor in Interest of Borrower shall not operate to release the liability of Borrower or any S�ccessors in Interest of Borrower. Lender shall not be required[o commence proceedings against any Successor in Interest of Borrower or to refuse to extend time for payment or otherwise modify amortization of the sums secured by this Security Insuument by reason of any demand made by the original Borrower or any Successors in Imerest of Borrower. Any forbeazance by Lender in exercising any right or remedy including, without liaritation, Lender's acceptance of payments from th'ud persons, entities or Successors in Interest of Borrower or in amounts less than the amoun[then due, shall not be a waiver of or preclude the exercise of any right or remedy. 7 3. Joint and Several Liebitity; 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 this Security Instrument but does not execute the Note(a "co-signer"): (a) is co-signing ihis Security Instruxnent only to mortgage, grant and convey the co-signer's interest in the Property under the terms of this Security Instrument; (b)is not personzlly obligated to pay the sums secured by this Se�urity Instrument; and(c) agrces that Lender and any o[her Borrower can agree to extend, modify, forbear or make any accommodations with regard to the terms of this Sewrity Iastnunent or We Note withou[the co-signePs consent. Subject to[he provisions of Section 18, any Successor in Interest of Borrower who assumes Borrower's obligations under this Security Insuument in writing, and is approved by Lender, shall obtain all of Borrower's rights and benefits under this Security Instmment. Borrower shall not be released from Borrower's obligations and liability under this Security Instrument unless Lender agreas to such release in writing. The covenants and agreements of this Security Ins[rument shall bind(excep[as provided in Section 20) and benefit the successors and assigns of Lender. 14. Losn Cherges. L,ender may charge Borrower f�s for services perFormed in conn�tion with Borrower's default, for[he purpose oF protecting Lender's interest in the Property and rights under this Security Ins[rument, including, but not limited to, attomeys' fees,property inspection and valuarion fees. In regazd to any other fees, the absence of express authority in this Securiry Instnunent to chazge a specific fee to Borrower shall no[be construed as a prohibitiou on the chazging of such fee. Lender may not cbarge fees that aze expressly prohibited by this Securiry Instrument or by Applicable Law. If the Loan is subject to a law which se[s ma�mum loan charges, and that law is finally interpreted so[hat the interest or other loan chazges coilected or to be collected in comection with[he Loan exceed the pemutted limits, then: (a)any such loan chazge st�all be reduced by t6e amount necessary to reduce[he charge to the permitted lunit; and(b)any sums already collected from Borrower which exceeded permitted limits will be refiuided to Borrower. Lender may choose to make t6is refund by reducing the principal owed under the Note or by making a direct payment to Borrower. If a refund reduces principal, the reduction will � be treated as a partial prepaymeat without any prepayment c6arge(whether or not a prepayment charge is provided for under the Note). Borrower's acceptance of any such refimd made by direct payment[o Borrower will constitute a waiver of any dght of action Borrower might have arising out of such overcharge. 15. Notices. AIl notices given by Borrower or Lender in connection with this Security Instrument mus[be in writing. My notice to Borrower in coanection wi[h this Security Insuuwent 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[o all Borrowers unless Applicable Law expressly requires otherwise. The notice address shall be the Property Address unless Borrower has NEBFASKA�Single Femily-Fannie Mae/FreGtlla Mac ONIFORM INSTFUMENT Fotm 3028 1I01 VMP a VMP6�NE�ry1051.00 Wolrers Kiuwer Financial Servicas Pape 11 of 17