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201208395 <br /> 12. Borrower Not Released; Forbearance By Lender Not a Waiver. Extension of the time for payment or <br /> modificaiiun of amortization of the sums secured hy this Security Instrumem gra�ted by I.ender to Borrower <br /> or any Succ�ssor in Interest of Borrower shall no[operate to release the liabiliry of Borrower or any <br /> Successors in Interest of Borrower. Lender shall not be required to commence proceedings against any <br /> Successnr in In�erest of Borrower or w refuse to ex[end time for payment or otherwise modify amortization <br /> of the sums sccured by this Security Instrumern by reason of any demand made by the original Borrower or <br /> any Succes.airs in Interest of Borrower. Any forbearance by Lcnder in exercising any right or remedy <br /> including, without limitation, Lender's acceptance of paymen[s from third persons, enddes or Successors in <br /> Interest of Borrower or in amounts less than the amoum then due, shall no[be a waiver of or preclude the <br /> exercise of any right or remedy. <br /> 13. Joint and Several Liability; Co-signers; Successors and Assigns Bound. Borrower covenants and <br /> agrees that Borrower's obligations and liability shall be joint and several. However, any Borrower who <br /> co-signs this Security Instrumen[6ut does not execute Ihe Note(a "co-signer"): (a) is co-signing this <br /> Security Instrument only to mortgage, grant and convey the co-signer's interest in the Property under the <br /> terms of this Securi[y Instrument (b) is not personally obligated to pay the sums secured by [lris Security <br /> Ins[rument; and (c)agrees that Lender a�d any other Borrower can agree to ex[end, modify, forbeaz or make <br /> any accommoda[ions with regazd to the temvs oF this Securiry Insmunent or the Note without the co-sig�er's <br /> consent. <br /> Subject to[he provisions of Section 18, any S�ccessor in Interest of Borrower who assumes Borrower's <br /> obligations under this Security Instrument in writing, and is approved by Lender, shall obtain all of <br /> Borrower's righ[s and benefifs under this Security Instrumern. Borrower shall not be released from <br /> Borrower's obligations and liability under this Security [nstrument unless L.ender agrees to such release in <br /> writing. The covenants and agreements of this Security Instrument shall6ind(except as provided in Section <br /> 20) and benefit the successors and assigns of Lender. <br /> 14. Loan Charges. Lender may charge Borrower fees for services performed in conn�tion with Borrower's <br /> default, for the purpose of protecting Lender's interest in the Property and rights under this Security <br /> Instrument, including, but not limited[o, attorneys' fees, property inspection and valuaqon fces. In regazd to <br /> any other fees, the absence of express aurhority in this Security Instrument to charge a specific fee to <br /> Borrower shall no[be cons[rued as a prohibition on the chazging of such fee. Iender may not chazge fees <br /> [hat aze expressly prohibited by this Security Instrumen[or by Applicable Law. <br /> If the L.oan is subject to a law which sets ma�cimum loan charges, and that law is fmally interpreted so that <br /> the interest or other loan chazges collected or to be coll�ted in connection with the Loaa exceed the <br /> pernritted limits, then: (a)any such loan charge shall be reduced by the amoun[necessary to reduce the <br /> charge to the perntitted limit; and (b) any sums already collected from Borrower which exceeded permitted <br /> limits will be refunded to Borrower. Lender may choose to make rhis refund by reducing the principal owed <br /> under the Note or by maidng a d'uect payment to Bonowev If a refund reduces principal, the reduction will <br /> be treated as a partial prepayment without any prepayment charge(whether or not a prepayment chazge is <br /> provided for under the Note). Bonower's acceptance of any such refund made hy direct payment to <br /> Borrower will constitute a waiver of any right of ac[ion Borrower might have arising out of such overcharge. <br /> 15. 111otices. All notices given by Borrower or Lender in connection with tlus Security Instrument must be in <br /> writing. Any notice to Borrower in connection with this Security Inscrument shall be dcemed to have bcen <br /> given to Borrower when mailed by first class mail or when actually delivered ro Borrower's notice address if <br /> sent by other means. Notice to any one Borrower shall constitu[e notice to all Borrowers unless Applicable <br /> Law expressly requires otherwise. The no[ice address shall be the PropeRy Address unless Borrower has <br /> NEBPASKA-Sing�e Famny-Fanme Mae/Fredtlie Mec UMFOFM INSTflUMENT Form 3028 1!Ot <br /> VMP U" VMPB(NE��11051.00 <br /> Wotters Kluwe�Fmenciel Servicas Page 11 ot 1] <br />