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201207894 12. Borrower Not Released; Forbearance By Lender Not a Waiver. Exterision oPthe Gme for paymc��t or modiftcation of amortiz&tiou of the amns secmed by fliis Secttrity Instrwnent grnuCed by Lender to Borrower or nny Suocessor 'v�Interest of 13c�rrower shall not operate to releaye the liability of Borrower or any S�ccessors in Interest of Borrower. Lendex shnll not be required Io commencc pr�ccedings abainet�any 8ucceesar in Interest of'Borrower or to rafuse to exYand tiine for payu�enY or oUierwise modify aunorCiza6ion of the sums secured by thls Sccurity intitrumcnt Uy reason of auy demand in:tda by the original Borrower or any Sucoessors in Interest of Borcower. Any forbe�t�2nae by Lencier in exercising ariy right or cemedy including, without liinitation, Lender's acceptanee of�ayments fi om third pexsons, enticies or Suweseors in Interest of Borrower or ni amouvts less than the amount then due, shall not ba a waiver of or preolude the excrcisc of any right or rcmcdy. 13. Joint and Several Liability; Co�signers; Successors and Assigns @ound. Rorrower covenants and agrees thaf Borrower's obliga[ious �nd liability shall be joint and severll. However, any Borrowor wha co-signa this Secui iYy Instrument but does not execute Elie Note(m"co-signer"): (a)is co-signing this Security InsUument only to mortgage, granC and convey Lhe co-si�ier's ivterest in the Property under the- tenns of tl�is Secnrity Tt�strumonY, (b) is nnt porsonally obligah:d to pay tho stnns sccurcd by fl�is Security Ins(rument �nd (c) �greea Hiat Leuder and any other Borrower oan agree to extend, n7ociify, forbe�r or inake eny acconunodations with rega�•d to the tern�s of this Security Inst�ument or the Nota wiYhout the co-signer's consent. Subjecti tio the provisions of Section 18, any Successor in]nterest of Borrower who asstunes Borrower's obligations under t7�is Security Instr'ument in wrifing, ttnd ie approvcd by Lende��, sha]l obtniu all of Rorrowc7's rights and bcneflts undcr this SecuriCy Ine6rtunenl. Borrower shal] notbe releaeed from Bon�o�ver's obligations �nci liabili6y uuder this Security InsYrument unless Lender ngrees to such release in v✓riting. The covenants and agreemenEa of this Security InsErwnent shall bind(except ns provicled iu Section 20) and benefit the successms and aseigns of Lender, 14. Loan Charges. Lender inay charge Borrower fees for services perforined in connection with Borrower's defaidt, for the putpose ofprotec}ing Lender'�s inferesC in Lhe Property aud xights undar tl�iis Seeurity Instrument, including, but not limited to, attortteys' £ees, property inspecCion and valuAtion feea. In regEud to any other fees, fhe absence Qf express authority in f1�is SecLuity LvstrLiment to cliarge a specific fee to Boxxower sh�.11 not bo coustruul ae a prohibition on thc charging oP suoh Pee. Lender niay noi chnrge fces tht�t are expressly prohibited by this Security Insta�wnent or by Appl�icabla Law. If 11ie Loa�i is snbject to a law wkuch sets m�ximum loAn charges, nnd that]aw ie fin�lly interpreted so thnt the intereat or oYher loan ohcuges oollectad or to Ua collacted in coimection wiUi the Lnan exceed the parmitted limits, then: (a) a�}+such 7oan charge ahall be rcduccd by tl�c amom�Y necessary to r�duce fl1e chargc to the permilCeillimit and(b) any sunis already collected from Boirower wMoh exoeeded pecmiCCed limits will Ue refiuidecl to Borrower. Lender may choose Go rnolce this reflnid Uy reducing Yhe principal owed tuidex khe�Note or by maldng a direot pa5nnent to T3orrower. ff a refitnd redaces principal, �lie�redtiiction will b�treatcd as a parLial prepaymcvC wilhouC z�iy prepayment ehuge (whether or not a prepayinenC cl�arge ie provided for undex the Note). Borrower's aaceptauce oP any such refund mada by direct�ayment to Barrower will constitute a waiver of atxy right of action Borrower might liave aa•isin�; out of such overcharge. 15. Notiees. All notices given by Borrower or Lender iu comiecYiou with 41�is Secwity Inshumeuf must be in writing. Any notice to Sorrowar ia comiectiion wiCh this Security Instcument shall be deeined to have Ueen give�i to I�orrower when mailed by first cle�ss mnil or wl�cn actually dc1ivorcd to Ron'ower's noCice acldress if scnt Uy olher nieans, Notice W any one Botrower shell constiLute noLice Eo till Boirowers unless Applieahle Ln�v expressly requires otherwise. The notice addresa ahall ba the Proparty hddrees unless Borrower hae �-- — — snoozztz NEBR�SKA-Single Pam Ily-Fannie M aelfreddie M ac llN IPORM INSTRUM ENT FoYm 3029 1101 VMP(� VMP6(NE)(110G1 Waltera Kluwer Flnanalel5ervlaee Pape 11 of 17