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�0�209�0� 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 Instrument granted by Lender to Bonower or any Successor in Interest of Bonower shall not operate to release the liability of Bonower or any Successors in Interest of Borrower. 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 amorti�ation of the sums secured by this Security Instrument by reason of any demand made by the original Borrower or any Successors in Interest of Borrower. Any forbearance by Lender in exercising any right or remedy including, without limitation, Lender's acceptance of payments from third persons, enriries 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 remefly. 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 Borrower who co-signs this S�urity Instrument but does not execute the Note (a "co-signer"): (a) is co-signing this S�urity Insmiment only to mortgage, grant and convey the co-signer's interest in the Property under the terms of this Security Instrument; (b) is not personally obligated to pay the sums secured by this S�urity Instrument; and (c) agrees that Lender and any other Borrower can agree to extend, modify, forbear or make any accommodations with regazd to the terms of tlus Security Instrument or the Note without the co-signer's consent. Subj�t to the provisions of Section 18, any Successor in Interest of Borrower who assumes Bonower's obligations under ttus Security Instrument in writing, and is approved by Lender, shall obtain all of Borrower's rights and benefits under this Security Instrument. Bonower shall not be released from Borrower's obligations and liability under this S�urity Instnunent unless Lender agrees to such release in writing. The covenants and agr�ments of this 5ecurity Instrument shall bind (except as provided in Section 20) and benefit the successors and assigns of Lender. 14. Loan Charges. Lender may chazge Bonower fees for services performed in connection with Borrower's default, for the purpose of prot�ting Lender's interest in the Property and rights under this Security Instrument, including, but not limited to, attomeys' fees, property inspection and valuation fees. In regazd to any other fe�s, the absence of express authority in this Security Instrument to charge a sp�ific f� to Borrower shall not be construed as a prohibition on the charging of such fee. Lender may not charge fces that are expressly prohibited by this Security Insmiment or by Applicable Law. If the Loan is subject to a law which sets maximum loan chazges, and that law is finally interpretefl so that the interest or other loan charges colle.cted or to be coll�ted in connection with the Loan excee�i the pemutted limits, then: (a) any such loan chazge shall be reduced by the amount necessary to reduce the charge to the permitted limit; and (b) any sums already collected from Bonower which excaedefl permitted limits will be refunded to Borrower. Lender may choose to malce 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 will be treated as a partial prepayment without any prepayment charge (whether or not a prepayment charge is providefl for under the Note). Bonower's acceptance of any such refund made by dir�t payment to Borrower will constitute a waiver of any right of action Bonower might have arising out of such overchazge. 15. Notices. All notices given by Bonower or Lender in conn�rion with this Security Instrument must be in writing. Any notice to Bonower in connection with this Security Insmiment shall be d�med to have been given to Borrower when mail� by first class mail or when actually delivered to Bonower's notice address if sent by other means. Norice to any one Borrower shall constitute notice to all Borrowers unless Applicable Law expressly requires otherwise. The notice address shall be the Properiy Address unless Borrower has NEBRASKA-Single Fami�y-Fannia Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 1/O7 VMP Q VMP8INE) (1106) Wolters Kluwer Financial Servicas Page 11 of 17