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201209436 12. Borrower Not Released; Forbearance By Lender Not a Weiver. Extension of the time for payment or modifica[ion of amortization of[he sums secured by this Security Instmment granted by L.ender[o Borrower or any Successor in interest of Borrower slull not operate to release the liability of Borrower or any Successors in Interest of Borrower. L.ender shall not be required to commence proceedings against any Successor in Interest of Borrower or ro refuse to eztend time for payment or otherwise modify amortization of the sums secured by this Security Instrument by reason of any demand made by the original Borrower or a�y Successors in Interest of Borrower. A�y forbearance 6y Lender in exercising any right or remedy including, wi[hout 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 cove�nts and agrees that Borrower's obligations and liabiliry shall be joirn and several. However, any Borrower who co-signs this Securiry Instrument but does not execute the Note(a "w-signer"): (a) is co-signing this Security Instrument only to mortgage, grant and convey the co-signer's interest in the Proper[y under the terms of this Securiry Instrument; (6) is not personally ohligated to pay the sums secured by this Security Instrument; and (c) agrees that Lender and any other Borrower can agreE ro eztend, modify, forbear or make any acconunodations wifh regard to the terms of this Security Instrument or the Note without the co-signer's consent. Subj�[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 6y L.ender, shall obtain all of Borrower's rights and benefits under this Security Ins[rument. Borrower shall not be released from Borrower's obligations and liability under this Security Instrument unless I,ender agrees ro such release in writing. The wvenants and agreements of this Security Instnunent shall bind (except as provided in Section 20) and benefi[ the successors and assigns of Lender. 74. Loen Charges. Lender may charge Borrower fees for services performed in counec[ion wi[h Borrower's default, for the purpose of protecting Lender's interest in the Property and rights under this Security Instrument, including, but not limited to, attorneys' fees, property inspection and valuation fces. In regazd to any other fces, [he absence of express authority in this Security Instrument to chazge a specific fce to Borrower shall not be construed as a prohibition on the charging of such fee. Lender may not charge fees that aze expressly prohibited by this Security Instrument or by Applicable Iaw. If the Loan is subject to a law which se[s macimum loan chazges, and [ha[ law is finally in[erpreted so thaz [he interest or other loan chazges wllected or to be wllected in connection with the Loan ezceed the peanitted limits, the�: (a) any such loan charge shall be reduced by the amount necessary to reduce the chazge to the permitted limit; and (b)any sums already collec[ed from Borrower which exceeded permitted limits will be refunded to Borrower. Lender may choose to make this refund by reducing the principal owed under the Note or by maldng a direct paymen[to Borrowec If a refund reduces principal, the reduction will be treated as a partial prepaymen[withou[any prepayment chazge(whether or not a prepayment charge is provided for under the Note). Borrower's acceptance of any such refund made by direct payment to Borrower will constitute a waiver of any right of action Borrower might have arising out of such overchazge. 15. Notices. All natices given by Boaower or Lender in wnnection with this Security [nstrument must be in writing. Any notice to Borrower in connection with this Security Instnunent shall be deemed[o have been given to Borrower when mailed 6y first class mail or when actually delivered to Bonower's notice address if sent by other means. Notice to any one Borrower shall constirute notice to all Borrowers unless Applicable Law expressly requires otherwise. The notice address shall be the Property Address unless Borrower has NEBHASKA-Singla Family-Fennia MaelFretltlie Mac UNIFORM INSTRUMENT Form 3D28 1f01 VMP� yMP81NEl In051.00 Wopere Kluwa�Finenciel Services Pege 11 of 1]