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20120782� 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 S�urity Instrument granted by Lender to Borrower or any Successor in Interest of Bonower shall not operate to release the liability of Borrower or any Successors in Interest of Bonower. Lender shall not be required to commence proccedings against any Successor in Interest of Bonower or to refuse to extend time for payment or otherwise modify amortization of the sums secured by this S�urity Instrument by reason of any demand made by the original Bonower 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 Bonower or in amounts less than the amount then due, shall not be a waiver of or pr�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 obligarions and liability shall be joint and several. However, any Bonower who co-signs this Security Tnstrument but does not execute the Note (a "co-signer"): (a) is co-signing this S�urity Inst�vment only to mortgage, grant and convey the co-signer's interest in the Property under the terms of this S�urity Instrument; (b) is not personally obligated to pay the sums secured by tlus Se�urity Instrument; and (c) agrees that Lender and any other Bonower can agr� to extend, modify, forbear or make any accommodations with regard 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 Borrower's obligations under this Security Instrument in writing, and is approved by Lender, shall obtain all of Bonower's rights and benefits under this Security Instrument. Bonower shall not be released from Bonower's obligarions and liabiliry under this Security Instrument unless Lender agrees to such release in writing. The covenants and agreements of this Security Instrument shall bind (except as provided in Section 20) and benefit the successors and assigns of Lender. 14. Loan Charges. Lender may charge Bonower fees for services performed in conn�tion with Borrower's default, for the purpose of protecting L.ender's interest in the Property and rights under this Security Instnunent, 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 Security Instrument to chazge a specific fee to Borrower shall not be construed as a prohibirion 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 chazges collected or to be collected in connection with the Loan exceed the permitted limits, then: (a) any such loan charge shall be reduced by the amount n�essary to reduce the charge to the permitted limit; and (b) any sums already collectefl from Borrower which exceeded permittefl limits will be refunded to Bonower. Lender may choose to make this refund by reducing the principal owefl under the Note or by maldng a dir�t payment to Borrower. If a refund refluces principal, the reduction will be treatefl as a partial prepayment without any prepayment chazge (whether or not a prepayment charge is provided for under the Note). Bonower's acceptance of any such refund made by dir�t payment to Bonower will consritute 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 S�uriry Instrument must be in writing. Any notice to Bonower in connection with this S�urity Instrument shall be deemed to have b�n given to Bonower when mailed by first class mail or when actually delivered to Bonower's notice address if sent by other means. Notice to any one Bonower shall constitute notice to all Borrowers unless Applicable Law expressly requires otherwise. The notice address shall be the Properiy Address unless Borrower has NEBRASKA-Single Family-Fannie Mae/Freddie Mec UNIFORM INSTRUMENT Farm 3028 7/01 VMP � VMP6INE) (1105) Wolters Kluwer Financial Services Page 11 of 17