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�01207974 12. BorrowerNot Released;ForbearanceBy LenderNot a Waiver. T:xtt�„i�m <>C th� iirr�e for payment or modification af amortization of the sutns secured by this Security Ins�hnunent grautec) by Leuder to Borrower or any Successor in Interest of Borrower shall not operate to release the liability of Bor.rower or any Successors in Interest of Bonower. Lender shall not be required to commence procer;ciings again,t any Successor in Interest of Borrower or to refuse to ektend time for payment or otherwise modity amortization of thc sums sccurcd by this Sccurity Instnuncnt by rcasan af any dcmand madc by thc original Borrowcr or any Successors in Interest of Bc�rrower. Any Forbearance hy Lender in exerc:ising any right or rzmedy including, without lunitation, Lender's acceptunce of payments from third persnns, entities or Successore in Interest of $orrower or in amounts less than the amount then due, shall nat be a v�;aiver of or preclude the exercise of any right or remedy. 13. Joint and Several Liability;Co-signers;Suacessorsand AssignsBound.Bon•ower covenants and agrees that Borrower's obiigations and liability shall be joint and several. Hawever, any I3arrower who co-signs ttus Security Instrument but does not execuYe the Note (a "co-signer"): (a) is co-signing this Sccurity Instrumcnt only to mortgagc, grant and convcy thc co-signcr's intcrest in thc Property undcr thc terms of this Security Instrument; (b) is not personally obligated to pay the sums secured by this Security Instrnment; and (c} agrees that Lender and any other Borrower can �►gree to extend, modify, forbear or make any accommodations with regard to the tertns of this Security lnstrument or the Nate without the co-signer's consent. Subject to the provisions af Section l8, any Succc;s.�;or in Interest of Borro�ver who assum�s Borrower's obligations under this Security Instrument in writing, and is approv�d by Lender, shall obtain all of Borro�ver's rights and benefits under this Sec�uity Instrument. Bc�rrower shall not be released from Borrowcr's obligations and liability und�r this Sccurity Instrumcnt unlcss Lcndcr a�rccs to such rc:lcasc in -writing. The covenants and agreements of this Security Instrumenf shall bind (escept as provided in Section 20) and benefit the successors and assigns of Lender. -14 Loan Charges Lendc;r mxy charg� Burruwer fees liir service, performed in ccmnu:Iion wilh Borrower'ti deFault, for the purpose of protecting Lender's interest in the Property and rights Lu�dcr this Security Instrument, including, but not limitecl to, attorneys' fees, property insprction and valuation fees. In regard to any other fees, the absence of expmss authority in this Security Instrument to charge a spccific fee to Borrower shall not be construed as a prohibition on the charging of such fee. Lender may not charge fees that arc cxpressly prohibitcd by this Sccurity Insttumcnt or by Applicablc Law. If the Loan is subject ta a law which sets maximiun loan charges, and that law is finally interpreted so that the interest or other loan charges collected or to be collected in connection with the Lcian exceui the permiUec] limils, lhen: (d} any tiuch loan charge shall be reduce;d hy� Ih� ernount ne;c;etitiary ti� r�iuce thc; charge to the peru�ittG�3 limit; a��d (b) any sums already collecteJ from Burrower wLicli exceeded periuitted liuiits will be refiinded to Borrower. Lender may choose to make this refund by reclucing the principal owed under the Note or by making a direct pa}nnent to Dorrower. If a refund reduces principal, the reduction will be treated as a partial prepayment �vithout any prepayment char�e (whether or not a pr�payment charge is providcd for undcr thc Notc). Borrowcr's acccptancc of any such rcfund madc by dircc:t paymcnt to Borrower crrill constitute a waiver o!' nny right of action Borrower might have arising out of'such overcharge. 15. Notices. All notices given by Borro�ver or Lender in connection �vith this Security Instrument must be in wrilin�. Any ner(ice lii &irrower in eemn��tiun wilh Ihis Sc;c:urily lnstrumenl shull he deernccl lo have hee;n given ta Borrower wh�li maile;d by first class mail or when actiially delivcred to F3orrower's notice ad�lress if sent by other meaus. Notice to an}� one Borrowei• shall constitute notice to a(1 I3on•owers unless Applicable Law expressly reyuires otherwise. The natice address shall be thc Prop�rty tlddress unlrss Borrawer has NEBRASKASingle Family-Fannie A1ae/Fraddie Mac UNIFORM INSTRUMEtdT VMP � Woltets Kluwar Financial Services Form 3928'I70'I Vft1P8(NE) (1105).00 Page 11 of 17 1 ��