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201206710 12. Borrower Not Released; For6earance By Lender Not a Waiver. Extension of the time for payment or modificarion of amortiaation of the sLuns secured by this Security Insuument granted by Lender to Borrower or any Successor in Interest of Borrower shall not operate to release the liabilit}�of Borrower or any Successors in Interest of Borrower. Lender shall not be renuired to commence proceedings against any Successor in Intcrest of Borrower or to ref'use to extend time for payment or ofliera✓ise modify amortizarion of the sums secuted by this Sec�ity I�istnunent by rzason af any demand made by the original Boaower or any Successors in Interest of Borrower. Any Forbearance by Lender in�ercisiug any right ar reinedy including, w�thout limitation, Lender's acceptance of paymen[s froin third persons, entities or Successors in In[erese oF Borrower or in amounts less than kYie mnount then due, shall not be a waiver of ar pxeclude the exercise of any right or remedy. 13. Joint and Several Liability; Co-signers; Successors and Assigns Sound. Borrower cove»ant�and agrees that Borrower's obligations and liabilil}�sh�ill be joint and several. Howeuer, any Borrower�vho co-si�ms this Security I�lsirumen#but does not e;tecut0 the Note(a"co-sigzer")c (a) is co-slgning this Secuxity Instrument ouly fo mqrtgage, �nant and convey the co-signer's interest in lhe Proper[y under the terms of this Seciaity Instcument; (b) is noP personally obligated to pay the sums aecured by this Security Instrumeixt; and(c) aa ees that Lender and anp other Soaower can agee to extend, modify, foxbear or m2ke any accommodations with regard to the terxns of this Security Instrument or the 1Vote without the co-s�gner's consent. Snbject to the provisions of Section 18, any Successor ni Intetest of Borrower who assumes Borrowcr s obligatioas under this Security Instrument in writing, and is approved by Lender, sha11 obtain all of Borrower's rights and benefits undu tlus Security Instnunent. IIorrower shall not be released from Borrowez's obiigafions and liability under this Security Instr�meni unIess Leuder agrees to such release in writing. The covenants and agreements of this Security Insirument shall bind(except as provided in Section 20)and benefit the successors and assigns of Lender. 14. Loan Chdrges. Lender may charge Bonower fees fox services performed in connection�vith Borrower's defaLdt, for thc purposc of protecting Lcnder's interest in the Property and rights under trus Security Instrument, including, but not limited to, attorneys' fees, piopaty inspection and valuation fees. In regard to any other fees, the absence of express authority in this Security InstriTiv.ent to charge a specific Fee to 33orrower shall not be coasTrued as a prohibition on the chazging of such fee. Lender may not charge fees Chat are axpressly prohibited by fhis�ecuxlty Instntrnent os b}r Applicable Law. If the Loan is subject to a law whieh sets mn�iuin loan charges, and that law is fiaally interpreted so thai the interest ar other loan chazges collected or Eo be collected in coaneetion wi7h the Loan excced the pemutted limits, then: (a) ang such loan charge shall Ue reduced by the amount necessary to reduce fhe chazge to the p0rmitted limit; and(b) any sums already collacted from Bortower which exceeded permitted limits wi11 be refunded to Borrower. Lender may choose to make this refund by retlucing the principal owed �mder the I�,Tote or by making a direct paymenY to Borrower. If a refund xeduces principal, tha reduction will be treated as a paztial prepayment without any prepayment charge(whether or not a prepayment charge is provided for under the Note). Borrower's acceptance of any such xefund made by direct payment to Borrower will constitute a waiver of any right of action BQrcowes might have azising out of such overcharge. 4 5. Notices. All notices given by Borrower or Lender in connection with Ylus Security Instrument must be in writing. Any notice to}3orrower in connection with this Security lnstrument shall Ue deemed to have been giv�n to Borrowee when mailed by£trst class mail or when actitally delivered to Borrower's aokce address if sent by pfher me�s. Noflce to any one Borrower shalt constitute no4ice to all Boxrorvers Lwless ApplicaUle La�v�pressly requires oTherwise. The notice address shall be the Property Address uuless Borrower has 2400�]v'1 NEBRHSKA-Singla Family-rennie MaelFretl7ie h1ac UNIFORht INSTRUMIENT Porm 3�28 1/01 VM11P n VA1P6(NEJ(1105) lNol[ers Kluv✓ar Fnzncial Servicw Page 11 of 1]