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201206723 12. E3orrower Not RQleased; Forbearance By Lender Nof a Waiver. ExtensionoFthetimaPorpaymentnr moditica�t�ion of amortiizatiion oP the stuns aectired by tMs Sect�rity I�istrumcnt sranted by l.endar to Borrower or any Suocwnor in lnterost of Borrower shall not operate to release the liabiliiy of Iioxrower or v�y Succesflore in Interest of Borrower, Lender shall nnt l�c roquired to comn�ience proceedings againet any Successor in Interest of Borrower or Yo refiise to extend time for payinent or otherwise u�ociify amortization of tlto sm��s decured l�y tl�is Security Inshwnent by reason of any demand made by Lhe origuial Borrowc.�r ur ony Suocessors in InCere.sC nf Borrowcr. Any forUcaraaice Uy 1 snder in axercising any right or remeciy including, without limiterion, Lender's aoce�tance of payn�enCs from third persmis, entities or Successors in Interest of Borrower or in an�ounts less thAn the mnount then cfue, ahall nut Uo a waiver of or preclude the exercise of any right or remedy. 13. Joint and Several Liability; Co-signers; Successors and Assigns Bound. Boirower covenants aud a�ees that Borrower's oblig�Cions end liabilily shall bc j<»nt ancl severat. However, any Bw�cower who co-signs this SecuriEy SnstrtunenY but does not exwi�te the Note(a "co-sigucr"): (a) is co-si�,n�ing this Security Inytrm��e�it o»ly to inortgage, g�rant and convay the�co-aigner's intexesc in the Property�mder thc Cernvs of Chis Security Ivstriunent; (b) is not porsonal1y obligated to pay the sume sacm�ed by this Security InshumenC; aud (c) agrees thpt Leuder and auy oCher Borrowex oan agrae to oxtend, modify, forUear oe make any accoimnodations with regard to the terme of this Security Instrument or the Nole wiChouC the co-signor's co�isent. Subject Co Yhe provisions of Section 18, any Succeesor in Interest of Borrower who nssumes Borrower'F oUligations wider t17is Security laistrument in writing, and is approved by Lender, shFtll oUtAin all of Borrower's rights and Uc��ctits undcr this Security fnstrument. Bon�ower shall noti be released f'rom Borrowe��'e o6ligntiona and liabilily under Cl�ris Security Inslrument w�less Lender agraey to sucli ralease in writing. The oovei�arts and agreeinents of this Sectuity Inetrument shall biitd(except as provideci in Scction 20) and benofit tho euoccsso�:s and assibnis of i,ender. 14. Loan Charges. Londer may cl�arge Boreower fees for services l�erfonned in eomiectiou��ith Borrowea's defeult, for the pur�ose of protiecting Lander's intere�C in Che Pro�crty aud righta unc�e� tl�is Sectiu�ity Instrmnent, including, Uuti not liniited to, attorneys' fees, property inspecCion and vlltiation feea. In ro�;aid to a�iy otber feev, tlie absence of express authority ni Uiis Secttri{y Inst�wnent to chnrge a speci6o fee to Borrower shall not be eonstaued as a prohibifion on the ch��ging of ench �Pea. I,ender may noY oh�rge fees t1iaC are expressly prohibited by this Security IneTi•wnent ox by Applicnble Law. If the Loan is subjeet to a law which sete mnximuin loan chaxges, and Chnt I�w 'v4 fnfllly inEeepretcd so tha} the intcrost or�{��u�•1c�an cl�arges collected nr to Ue collected in comiection with the Loan exoeed Ekie permitted limits, then: (a) any auch lostn ch�rge shall bo reduced by the amow�t neeessaiy to redttce the� oharge tio the permitited lunit; and(6) auy sums ah•eady collected frorn Borrower whicYi exceeded��c�Ynittcci lirnits will Uc rcfundod to BorroWer, i,ender mtEq olioose Co make Ihis reFund by raducing the princiyal owed under the Note or Uy meking �direcC p�yinenC Co Borrower. If a roftmd reduces p�incipal, the reduction will Ue treatecl ns a p�rtial prepayment without eny prepnyment oharge(��heCl�er or not a prcpa}ni�ent charge is provided for under the Note). Bonower's accepYsnca of aziy such refimd mAde by direct ptiyn�ent lo Borrowor will conetituto a warver of any riglit of actioii Borrowar miglrt have tu'isiug out of such overoharge, 15. Notiees. All notioes given by I3onower or Lendar in ooiuiection with this Security InstrLmlent inust be in wciGng. Any notice Co Borrowc��n� connection with this Secmity Instrument shall be deemed to haue been given to Borrower wlien mailed by$rst clnse i�ai7 or when actually dolivered to Bcm�ower's notice address tf sent by otlier means. Notice to any one Borrower shtill consYiCutie uotice to aR Borrowers unless ApplicaUle Lnw eYpressly requir�s oCherwiso. 'Chc notice mddross shall be fhe Propeity Addresa unless IIorrower hes saoov�s NEBRASKA-3ingle Famlly�Fannle M ee7Freddle M aa UNIFDHM INS'I"RUbI ENl" Forni 30E0 1101 VAAP(� VM P6 NE) 7105 WQitere Kluwcr Flnaticial&erviaes Page f 1�oF 7�