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� 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 Security Insm�ment granted by Lender to Borrower or any Successor in Interest of Borrower shall not operate to release the liability of Borrower or any Successors in Interest of Bonower. Lender shall not be required to commence proceedings against any Successor in Interest of Borrower or to refuse to extend time for payment or otherwise modify amortization of the sums s�ured by this Security Instrument by reason of any demand made by the original Borrower or any Successors in Interest of �nower. Any forbearance by Lender in exercising any right or remedy including, without limitation, Lender's ac,ceptance 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 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 Instrument but does not exe,cute the Note (a "co-signer"): (a) is co-signing this Security Instrument only to mortgage, grant and convey the co-signer's interest in the Property under the tern�s of this Se�urity Instivment; (b) is not personally obligated to pay the sums se,cured by this Security Instnunent; and (c) agrees that Lender and any other Borrower can agre� to extend, modify, forbear or make any accommodations with regard to the terms of this Security Instrument or the Note without the co-signer's consent. Subj�t to the provisions of Section 18, any Successor in Interest of Bonower who assumes Bonower's obligations under this Security Insixument in writing, and is approved by Lender, shall obtain all of Bonower's rights and benefits under this S�urity Instrument. Bonower shall not be released from Borrower's obligations and liability under this Security Instrument unless Lender agrees to such release in writing. The covenants and agr�ments of this Security Insttvment shall bind (except as provided in Section 20) and benefit the successors and assigns of I,ender. 14. Loan Charges. Lender may charge Bonower fees for services performed in connecrion with Bortower's default, for the purpose of protecting Lender's interest in the Properiy and rights under this Security Instnunent, including, but not limited to, attomeys' f�s, properiy insp�tion and valuation f�s. In regard to any other fees, the absence of express authority in this Security Instrument to charge a specific f� to Bonower shall not be construed as a prohibition on the charging of such f�. Lender may not chazge fees that aze expressly prohibited by this S�urity 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 collectefl or to be collected in connection with the Loan exc�eed the permittefl lnnits, then: (a) any such loan charge shall be reduced by the amount necessary to reduce the charge to the permittefl limit; and (b) any sums already collected from Bonower which exceeded permittefl limits will be refunded to Bonower. Lender may choose to make this refund by reducing the principal owed under the Note or by making a dir�t payment to Bonower. If a refund reduces principal, the reduction wiil be treated as a partial prepayment without any prepayment chazge (whether or not a prepayment charge is provided for under the Note). Borrower's acceptance of any such refund made by dir�t payment to Borrower will constitute a waiver of any right of acrion Borrower might have arising out of such overcharge. 15. Notices. All notices given by Borrower or Lender in conn�tion with ttus Security Instrument must be in writing. Any norice to Bonower in conn�tion with this Security Insmiment shall be deemed to have b�n given to Bonower when maile�i by first class mail or when actually delivered to Bonower's notice address if sent by other means. Norice to any one Bonower shall consritute notice to all Borrowers unless Applicable Law expressly requires otherwise. The notice address shall be the Property Address unless Borrower has NEBRASKA-Single Family-Fennle Mae/Freddie Mac UNIFORM INSTRUMENT Farm 3028 1/01 VMP � VMP8INE) (1105) Wolters Kluwer Financial Servicea Page 11 of 17