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20120764� 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 Bonower or any Successors in Interest of Bonower. Lender shall 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 secured by ttus Security Instrument by reason of any demand made by the original Borrower or any Successors in Interest of Borrower. 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 Instnunent but does not ex�ute the Note (a "co-signer"): (a) is co-signing this S�urity Instrument 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 secured by this S�urity instrument; and (c) agr� that Lender and any other Borrower can agrce to extend, modify, forhear or make atty accommodations with regazd to the terms of this Security Instrument or the Note without the co-signer's consent. Subject to the provisions of Secrion 18, any Successor in Interest of Bonower who assumes Borrower's obligations under this S�urity Instrument in writing, and is approved by Lender, shall obtain all of Bonower's rights and benefits under this S�urity Instrument. Borrower shall not be released from Borrower's obligations and liability under this S�urity Insmunent unless Lender agr�s to such release in writing. The covenants and agr�ments of this Security Insmiment shall bind (except as provided in Section 20) and benefit the successors and assigns of L�nder. 14. Loan Charges. Lender may charge Bonower fees for services performed in connecrion with Bonower's default, for the purpose of protecting Lender's interest in the Property and rights under this S�urity Instnunent, including, but not limited to, attorneys' fees, property inspection and valuation feas. In regard to any other fees, the absence of express authority in this S�urity Instnunent to chazge a specific f� to Bonower shall not be construefl as a prohibirion on the chazging of such f�. Lender may not charge f�s that are 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 irnerpreted so that the interest or other loan chazges collected or to be collected in connection with the Loan excced the permitted 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 exceedefl permitted limits will be refundefl to Borrower. Lender may choose to make this refund by reducing the principal owefl under the Note or by making a direct payment to Bonower. If a refund reduces principal, the reduction wiil be treated as a partial prepayment without any prepayment charge (whether or not a prepayme.nt charge is ' provided for under the Note). Borrower's acceptance of any such refund made by dir�t payment to ' Bonower will constitute a waiver of any right of acrion Borrower might have arising out of such overcharge. aY - . , r� � �r �•. 15. Notices. All notices given by Borrower or Lender in conn�tion with this Security Instrument must be in � ,� �• writing. Any notice to Borrower in connection with this Security Instnunent shall be deemed to have b�n '��' givett to Borrower when mailed by first class mail or when actually delivered to Bonower's notice address if sent by other means. Notice to any one Borrower shall consritute notice to all Bonowers unless Applicable Law expressly requires otherwise. The notice address shall be the Property Address unless Bonower has NEBRASKA-Single Family-Fannie Mae/Freddie Mac UNIFORM �NSTRUMENT Form 3028 1/01 VMP � VMPB(NEl (110b) Wolters Kluwer Financial Services Page 11 of 77