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2012072G� 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 S�urity Instrument granted by Lender to Borrower or any Successor in Interest of Borrower shall not operate to release the liability of Borrower or any Successors in Interest of Borrower. Lender sha11 not be required to commence proceedings against any Successor in Interest of Bonower or to refuse to extend time for payment or otherwise modify amortization of the sums s�ured 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, entities or Suc,cessors 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. Bonower covenants and agrces that Bonower'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 tlus S�urity Instrument only to mortgage, grant and convey the co-signer's interest in the Property under the terms of this Securiry Instrument; (b) is not personally obligated to pay the sums s�ured by this Se�urity Instrument; and (c) agre�s that Lender and any other Bonower can agree 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. Subject to the provisions of Section 18, any Successor in Interest of Borrower who assumes Bonower's obligations under this S�urity Insmiment in writing, and is approved by Lender, shall obtain all of Borrower's rights and benefits under this Security Instrument. Bonower shall not be released from Borrower's obligations and liability under this Security Instrument unless Lender agrees to such release in writing. The covenants and agreements of tYus Security Instrument shall bind (except as provided in Section 20) and benefit the successors and assigns of Lender. 14. Loan Charges. Lender may chazge Bonower fces 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 Security Instrument, including, but not limited to, attomeys' fees, property inspection and valuation f�s. In regard to any other fees, the absence of express authority in this Security Instrument to charge a sp�ific fee to Borrower shall not be construed as a prohibition on the charging of such f�. Lender may not chazge f�s that aze expressly prohibited by this Security Instrument or by Applicable Law. If the Loan is subject to a law which sets maximum loan charges, and that law is finally interpreted so that the interest or other loan charges coll�ted or to be coll�ted in conne.ction with the Loan exceed the permitted limits, then: (a) any such loan charge shall be reducefl by the amount necessary to reduce the chazge to the permitted limit; and (b) any sums already collected from Borrower which excceded permitted limits will be refunded to Bonower. Lender may choose to make this refund by reducing the principal owed under the Note or by making a dire�t payment to Bonower. If a refund reduc� principal, the refluction will be treated as a partial prepayment without any prepayment chazge (whether or not a prepaymern charge is provided for under the Note). Bonower's ac,ceptance of any such refund made by direct payment to Bonower will constitute a waiver of any right of acrion Bonower might have arising out of such overchazge. 15. Notices. All norices given by Borrower or Lender in conn�tion with this S�urity Instrument must be in writing. Any notice to Borrower in connection with this S�urity Instrument shall be deemed to have been given to Borrower when mailed by first class ma.il or when actually delivered to Bonower's notice addr�s if sent by other means. Notice to any one Bonower shall consritute notice to all Borrowers unless Applicable Law expressly requires otherwise. The notice address shall be the Property Address unless Borrower has NEBRASKA-Single Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT VMP Q Wolters Kluwer Financlal Servic� F�n soze �ro� VMPB(NE) (1 i05) Page 11 of 17