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20120�30� 12. Borrower Not Released; Forbearance By Lender Not a Waiver. Extension of the time for payment or modification of amortizarion of the sums secured by this Securiry Instrument granted by Lender to Bonower or any Successor in Interest of Borrower shall not operate to release the liability of Borrower or any Successors in Interest of Bonower. L.ender shall not be required to commence proccedings 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 Insmiment by reason of any demand made by the original Bonower 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 Successors in Interest of Borrower or in amounts less than the amount then due, shall not be a waiver of or pre�lude the exercise of any right or remedy. 13. Joint and Several Liability; Co-signers; Successors and Assigns Bound. Bonower covenants and agrees that Bonower's obligations and liability shall be joint and several. However, any Bonower who co-signs this Security Instrument but does not execute the Note (a "co-signer"): (a) is co-signing this Security Insm�ment only to mortgage, grant and convey the co-signer's interest in the Property under the terms of this Security Instrument; (b) is not personally obligated to pay the sums secure� by this S�urity Instrument; and (c) agrces that Lender and any other Bonower can agree to extend, modify, forbear or make any accommodations with regazd to the terms of this Security Instrument or the Note without the co-signer's consent. Subj�t to the provisions of S�tion 18, any Successor in Interest of Bonower who assumes Borrower's obligarions under this S�urity Instrument in writing, and is approved by Lender, shall obtain all of Bonower's rights and benefits under this Security Instrument. Borrower shall not be released from Borrower's obligations and liability under this Security Instrument unless Lender agr�s to such release in writing. The covenants and agreements of this Security Instniment shall bind (except as provided in Section 20) and benefit the suc�ssors and assigns of Lender. 14. Loan Charges. Lender may charge Bonower fees for services performed in connecrion with Borrower's default, for the purpose of prot�ting Lender's interest in the Property and rights under this S�urity Instivment, including, but not limited to, attorneys' fees, property inspecrion and valuation fees. In regard to any other fees, the absence of express authority in this S�urity Instrument to charge a specific f� to Bonower shall not be construed as a prohibition on the charging of such fee. Lender may not charge fees that are expressly prohibited by this Security Instrument or by Applicable Law. If the Loan is subj�t 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 coll�ted in connection with the Loan exceefl the permitte� limits, then: (a) any such loan chazge shall be reduced by the amount necessary to reduce the charge to the permitted limit; and (b) any sums already collected from Borrower which exceeded permitterl limits will be refunded to Bonower. L,ender may choose to make this refund by reflucing the principal owed under the Note or by maldng a dir�t payment to Borrower. If a refund reduce.s principal, the reduction will be treaie� as a partial prepayment without any prepayment charge (whether or not a prepayment charge is provided for under the Note). Bonower's acceptance of any such refund made by direct payment to Borrower will constitirte a waiver of any right of action Bonower might have arising out of such overcharge. 15. Notices. All notices given by Borrower or Lender in connection with this Security Instrument must be in writing. Any notice to Borrower in connection with this Security Instrument shall be d�med to have bcen given to Bonower when mailed by first class mail or when actually delivered to Bonower's notice address if sent by other means. Norice to any one Borrower shall constitute notice to all Borrowers unless Applicable Law expressly re�uires otherwise. The notice address shall be the Property Address unless Borrower has NEBRASKA-Single Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 1/01 VMP � VMP6(NE) (1105) Wolters Kluwer Financial Services Page 11 of 17 d'