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201209435 12. Borrower Not Released; Forbearance By Lender Not a Waiver. Extension of the time for paymert or modification of amortiza[ion of[he sums secured by this Security Instrument granted by Lender to Bottower or any Successor in Interest of Bonower shall not operate ro release the liabiliry of Borrower or any Successors in Interest of Borrower. Lender shall not he required ro commence proceedings against any Successor in In[erest of Borrower or to refuse to extend time for payment or o[herwise modify amortization of the sums secured by this Security Instrument by reason of any demand made by the original Borrower or any Successors in Intemst of Borrower. Any forbearance by Lender in exercising any right or remedy including, without limitation, L.ender's acceptance of payments from third persons, entities or Successors in Interes[of Borrower or in amounts less than the amount[hen due, shall not be a waiver of or preclude the exercise of any right or remedy. 73. Joint and Several Liebility; Co-signers; Successors and Assigns Bound. Borrower covenants and agrees tha[ Borrower's obligations and liability shall be joint and several. However, any Borrower who co-signs this Security Instrument but does not execu[e the Note(a "w-signer"): (a) is co-signing this Security Instrument only to mortgage, gran[and convey the co-signer's i�terest in the Property under the terms of[his Security Instrument; (b) is not personally obligazed ro pay the sums secured by this Security Instrument; and (c) agrces that Lender and any other Borrower can agree to eztend, modify, forbear or make any accommodations with regard to the[erms of this Security Instrument or[he Note without[he 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 Se�urity Instrument. Borrower sha11 not be released from Borrower's obligations and liabiliry under this Securiry Instrument unless Lender agrees to such release in writing. The covenants a�d 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 with Borrower's default, for the purpose of protecting Lender's interest in the Property acid rights under this Security Instnunent, including, but not limited to, attomeys' fees, property inspec[ion and valuation fces. In regazd[o any other fees, the absence of express authority in this Security Instrument[o charge a specific fee to Borrower shall not be wnstrued as a prohibition on the chazging of such fee. L.ender may not charge fees that aze expressly prohibited by this Security Instrument or by Applicable Law. If the Loan is subject to a law which sets maeunum loan charges, and that law is finally interpreted so that the interest or o[her loan chazges collected or ro be wllected in connection with the Loan exceed the permitted 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 Borcower which exceeded permitted limits will be refunded[o Borrower. Lender may choose to make this refund by reducing the principal owed under the Note or by maldng a direct payment to Borrower. 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 provided for under the Note). Borrower's acceptance of any such refund made by direct payment to Bonower will constitute a waiver of any right of action Borrower might have arising out of such overchazge. 15. Notices. All notices given by Borrower or L,ender in connection with this Security Instrument must be in writing. Any notice to Borrower in connection with[his Security Instrument shall be deEmed to have been given[o Borrower when mailed by first class mail or when actually delivered to Sonower's notice address if sent by other means. Notice to any one Borrower shall wnstitute notice to all Borrowers unless Applicable Law expressly requires otherwise. The no[ice address shall be the Proper[y Address unless Borrower has NE6RASKA-Singie Family�Fannie Mae/F��tlie Mac UNIFOFM INSTfit1MENT Form 3028 1I01 VMP� VMPBINEI 111051.00 Wolters Kluwer Finenciel Sarvices Page 11 0l i]