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20�20�195 12. Borrower Not Released; Forbearance By Lender Not a Waiver. Extension of the time for payment or modification of amortization of the sums secured by this Security Instrument granted by Lender to Bonower 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 madify amortization of the sums secured by this Security Instrument by reason of any demand made by the original Borrower or any Successors in Interest of Bonower. Any forbearance by Lender in exercising any right or remedy including, without limitation, Lender's acceptance of payments from third persons, entiries or Successors in Interest of Borrower or in amounts less than the amount then due, shall not be a waiver of or preclude 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 obligarions and liability shall be joint and several. However, any Bonower who co-signs this S�urity Instrument but does not execute the Note (a "co-signer"): (a) is co-signing this 5ecurity Instrument only to mortgage, grant and convey the co-signer's interest in the Properiy under the terms of this S�urity Instrument; (b) is not personally obligated to pay the sums secured by tlus Security Insmimern; and (c) agrces that Lender and any other Borrower can agre� to extend, modify, forbeaz or make any accommodations with regazd to the terms of this S�urity Instrument or the Note without the co-signer's consent. Subj�t to the provisions of Section 18, any Successor in Interest of Borrower who assumes Bonower's obligations under this S�urity Instnunent in writing, and is approved by Lender, shall obtain all of Bonower's rights and benefits under this Security Insrivment. Bonower shall not be releasefl from Bonower's obligarions and liability under this Security Instrument unless Lender agrees to such release in writing. The covenants and agreements of this S�urity Instniment shall bind (except as provided in Section 20) and benefit the successors and assigns of Lender. 14. Loan Charges. Lender may charge Borrower fees for services performed in conn�rion with Bonower's default, for the purpose of protecting Lender's interest in the Property and rights under this Se�urity Instrument, including, but not limited to, attorneys' fces, property inspection and valuation fees. In regard to any other f�s, the absence of express authority in this Security Instrument to chazge a spe�ific fee to Borrower shall not be construed as a prohibition on the charging of such fee. Lender may not charge f�s that are expressly prohibited by this Security Instrument or by Applicable Law. If the I,oan is subje,ct to a law which sets maximum loan charges, and that law is finally interpreted so that the interest or other loan charges collected or to be colle�ted in connection with the Loan exceed the permitted limits, then: (a) any such loan charge shall be reduceci by the amount necessary to reduce the charge to the permitted limit; and (b) any sums already collected from Bonower which exceeded permitted limits will be refunded to Borrower. Lender may choose to make this refund by reducing the principal ovved under the Note or by making a direct payment to Bonower. If a refund reduces principal, the reduction will be treated as a pazrial prepayment without any prepayment chazge (whether or not a prepayment charge as provided for under the Note). �nower's acceptance of any such refund made by dire,ct payment to Bonower will constitute a waiver of any right of action �nower might have arising out of such overcharge. 7 5. Notices. All notices given by Bonower or Lender in conne,ction with this Security Instrument must be in writing. Any norice to Borrower in conne�tion with this S�urity Instrument shall be deemefl to have b�n given to Borrower when mailed by first class ma.il or when actually delivered to Bonower's notice address if sent by other means. Norice to any one Borrower shall constitute notice to all Bonowers unless Applicable Law expressly requires otherwise. The norice address shall be the Properiy Address unless Borrower has NEBRASKA-Single Family-Fannie MaeJFreddie Mac UNIFORM INSTRUMENT Porm 3028 1/01 VMP 0 VMPB(NE) (1105) Wolters Kluwer Financial Services Page 11 of 17