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201207540 12. Borrower Not Releesed; Forbearance By Lender Not a Weiver. 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 Bortower or any S�ccessors in Interest of Sotrower. L.ender shall not be required to commence proceedings against any S�ccessor in In[erest of Borrower or to refuse to extend time for payment or otherwise modify,amortization ' of the sums s�ured by Uus Security Instntment by reason of any detnand made by the original Borrower or any Successors in Irnerest of Borrower. My forbearance by Lender in exercising any right or remedy including, without liuutation, 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 preclude the exercise of any right or remedy. 13. Joint and Saverel Liability; Co-signers; Succeseors and Assigns Bound. Borrower covenants and agrees that Borrower's obligations and liability shall be joint and several. However, any Bonower who co-signs this Security Instrmnent but does not execute the Note(a "co-signer"): (a) is co-signing tlus Se�urity Instnunent only to mortgage, grank and convey the co-'signer's interest in the Property under the tecros of this Se�urity Instrument; (b)is�t personally obligated to pay tlie sums sec:ured by this Sec;utity Instrumenr, and(c)agr�s that Lender and any other Borrower can agr�to e�end, modify, forbeaz or make any acrommodations with regazd to the terms of ttris Security Instrument or the Note without the co-signer's consent. Subject to the provisions of S�tion 18, any Successor in Interest of Borrower who assumes Borrower's obligations under this Security Instr�ent in writing, and is approv�by Lender, shall obtain all of Horrower's rights and benefits under this Security'Instrument. Borrower shall not be released from Borrower's obligations and liability under this S�urity Instrumem unless Lender agreEs to such release in writing. The covenants and agreements oF this Secutity Insttument shall bind(except as provided in Section 20) and beneFit the successors and assigns of Lender. 14. Loen Charges. Lender may chazge Borrower f�s for services perform�in connection with Borrower's default, for the purpose of prote�ting Lender's intenst in the Property and righ[s under this Security Instrument, including, but not limited to, attorneys' fces,property inspection and valuation fces. In regazd to any other Fees, the absence of express authority in this Security Instromem to charge a specific fce to Borrower shall not be construed as a prolubition on the charging of such f�. Lender may not chazge fees that are expressly pmlubited by this S�urity Instrument or by Applicable Law. If the Loan is subje�t to a law which sets maximum loan chazges, and thaz law is finally interpreted so that the interest or other loan charges collected or to be collcex�in conn�tion with the I.oan exceed the permitted lunits, then: (a)any such loan charge shall be reduced by the amount necessary to reduce the chazge to the pernutted limit; and(b) any sums already collec[ed from Borrower which exceeded permitted limits will be refunded to Borrower. Lender may choose to make this refund by reducing the principal owed under the Note or by maldng a direct payment to Borrower. If a refiuid reduces principal, the reduction will be treated as a partial prepayment without any prepayment chazge(whether or not a prepayme�[charge is provided for under the Note). Borrower's acceptance of any such refund made by direct payment to Bonower will wnstirute a waiver of any right of action Borrower might have arising out of such overchazge. 15. Natices. All notices given by Borrower or Lender in connection with this S�urity Instnunent must be in writing. Any notice to Borrower in connection with this Security Instrument shall be dcemed ro have been given to Borrower when mailed by Fust class mail or when actually delivered to Borrower's norice address if sent by o[her means. Notice to any one Horrower shall constitute notice to all Borrowers unless Applicable Law expressly requires otherwise. The notice address shall be the Property Address unless Borrower has NEBqASKA-SinBle Family-Fennie Mae/FretlOie Mac UNIFORM INSTRUMEM Farm 3028 1/07 VMP @ VMPB(NE)11105J.00 Wdters Kluwe�Finencial Servicas P�a��of��