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_ 201208396 12. Borrower Not Released; Forbearance By Lender Nat a Waiver. Extension of Ihe time for payment or modiFication of amortization of the sums secured by this Security Iivstrumen[gran[ed by I.ender to Borrower or any Successor in Interest of Borrower shall not operate to release the liabiliry of Bottower or any Successors in Interest of Borrower. Lender shall not be required to commence proceedings against any Successor in In[erest of Borrower or to refuse to extend[ime for paymern or otherwise modify amortization of the sums secured by[his Security Instrument by reason of any demand made by the original Bonower or any Successors in Interest of Borrower. Any forbeazance 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 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. Borrower covenants and agrees that Borrower's obligadons and liabiliry shall bejoin[ and several. However, any Bonower who co-signs this Security Instrument but does not execute the Note(a "co-signer"): (a) is w-signing this Security Instrument only[o mortgage, grant aud convey the co-signer's interest in the Pruperty under the terms of this Security Listnunent (b) is not personally obligated to pay the sums secured by this Securiry Instrument; and(c) agrees that Lender and any o[her Borrower can agree to extend, modify, fofiear or make any accommodations with regazd to the terms of Uus Security Instrument or the Note without the co-signer's consent. Subject 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 ob[ain all of Borrower's rights and benefits under this Security Instnunent. Borrower shall not be released from Borrower's o6ligations and liability under this Security Instrument unless Lende�agrees to such release in writing. The wvenan[s 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 chazge Borrower fees for services performed in connection wi[h Borrower's default, for the purpose of pro[ecting L.ender's interest in[he Property and rights under this Security Instrument, including, but not limited to, attomeys' fees, properry inspection and valuation fees. In regazd to any other fees, khe absence of express authority in this Security Instrument to charge a specific fee to Borrower shall not be construed as a prohibition on the chatging of such fee. L.ender may not chazge fces that are e7cpressly prohibi[ed by this Security Instrument or by Applicable L,aw. [f the Loan is subj�t to a law which sets matiirnum loan chazges, and that law is finally interpreted so that the interest or other loan charges collected or to be oollected in connecdon with the Loan exceed the pertnitted luni[s, then: (a)any such loan charge shall be reduced by the amoun[necessary to reduce the chazge to the permitted limit; and(b)any sums already colletted from Borrower which excceded permitted limits will be refunded to Borrower. Lender may choose to make this refund by reducing the principal owed under the Note or by making a direct payment w Borrower. If a refund reduces principal, the reduction will be treated as a partial prepayment without any prepayment chazge(whether or not a prepayment chazge is provided for under the Note). Borrower's acceptance of any such refund made 6y direct payment to Borrower will constitute a waiver of any right of action Borrower might have azising out of such overcharge. 7 5. Natices. All notices given by Borrower or l.ender in connection with this Security Instrument must be in writing. My notice to Borrower in connection with this Security Ins[rument shall be deemed to fiave b�n given to Borrower when mailed by first class mail or when actually delivered[o Borrower's notice address if sent 6y o[her means. Notice[o any one Borrower shall constitute notice to all Borrowers unless.Applica6le Law expressly requires o[herwise. The no[ice address shall6e the Property Address unless Borrower has NEBRASKA-Si�le Family-Fennie Mae/Fretltlie Mac UNIFOFM INSTRUMENT Form 3028 1/01 �MP 0 VMP6(NE)111051.00 Wolters Kluwer Fiwnmal Services Pape 11 oi t�