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201210451 12. Borrower Not Released; forbearance By Lender Not a Waiver. Fxtension of'the tiine lor payment or modification of amorti7ation of t1�c sums sccm'cd by thie$ccuriLq Instri4menE grantcd by Lendcr fo Borrowcr nr any 5ucoesso� in InCereau of Borrower shall not operate to release the li�bility of Borrower or dny Successors ui Iuterest of Borrower. Lender shall not Ue required to commence proceedings against any Successar�in Interest of I3orrower or to refiiso to cxtcnd timc for paymcnt rn' othcrwis�modify ainortiza6on of the siuns seoiu•od by tl�is Security IneLriunenC hy re�son of any demand mnde by the original Borrower or zny Succe�sors in Interest of Borrower. r\ny forbenrence by Lender in exercieing�iy right or reinedy including, without limifation, Lender's acoeptance of payments froin third persons, entities or Successors in InCerest of Borrower or in amouu[s less tha�i the amouut tl�en due, sha11 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 covevants nnd agrees ChnC Borrower'e obligations and liability sha11 be joint and several. Howaver, any Borrower who co-signe tihis Security Iusk��mnent but does not exectrte thc Nofic(a"co-si�,�w�r"): (a) 'rs co-signinb fhis Security lnsrtume�if on1y to�norEgage, granc nnd oonvey the co-aigner's interest in th�Property under the Ycruis of Chis Seourity Instrumeut (b) ie not persoually obligaCed Yo pay the swns secured by this Security Inat�ument; and(c) agrees thati Lender and any other Borrower can c�gree to exte��d, modify, forbear or makc any acoouunodations wiUi ragard to the terms of tl�i5 Sccurity Insiriui�ent ot' fheNoCe withouC Ihe co-signer'a consent. Subjeot tio the proviaions of Sectiou I8, any Stiicccssor in Interest of Borrower who aaetimes Borrower's obligationy w�dcr this Sccurity Inslrumenf in wciting, nnd is app�oved by Lender, ahnll obtain all of Borrower's rights �nd benefita under this Seourity Instrwnent. Bairower shcill not Ue relzased fiom Borrower's obliga�tions aud liabiliCq under this Security It7str�imcnt wllcss Lender agrcaa to such r•cleaso itr writing. Tho covenants and ttgree.nnenCs oP this Seom�ily Instrun�ent shall bind(except ae provided in Seotiou 20) and baneflf fhe sucoessoire �nd assigna of Lender. 14. Loan Charges. Lender m1y ch�rge Borrower fees for servir,es performed in connection with Borrower's defFmlt, for the purpose of protecting Lender's interest in the Property aud rights under tl�is Seetiuity Inatrutnent, iueluding, but noC limited to, atEorneye' fees, pl�operty inapection and valuation fees. In regard to aaiy oGher-fees, tl�e absenca of express atitl�ority in$�is Security InstrumcnC to chaigc a speoific feo to Bon•owm�shall iiot bo conetrued as e prohiUiCion on the chargitag of euoh fee. Lender m��y not ohn��ge fees thaY u�e expressly prohibited by tl�is Secw�ity lnshwnent or by Applicablc Law. If tlae Loaai is subjeet to a law wl�ich sets maximum loan charges, c�nd tl�af law is finally interpreted so that the interest or oU�cr 1oan cl�arges colleoCed or fo be eolleoted in conneotion with the Loan exceed the permitted limits, then: (n) any such lo�n charge eha11 be reduced by tlie amouut necessery to reduce the oharge tio the pennitted liinit; aAid(b) any sun� already collectcd,fiom Rorrowar which exceeded permitted limits will bc rafiu�dcd to Borrower. Lender may chooae to make thia refund by reducing the principal oweci under the Note or by inalting a direcC payment to Borrower. If a refimd reduces prineip�l, the reductiou will Ue treated as a p�u•ti�]prep�yment wiUiout any prepayment chaa•ge(wheUier or noC a prepTyinenf chw•ge is provided for under the Note). I3orrowar's acce��ta�ioe of any snch refiand made Uy direct payment to I3on�ower wi11 conetihito a waivor of zny right af actron Bon�owar inighf haue arieing out of such overuhargc. 15. Notiees. Al1 notices given by Borrow�r or Londer in connection with this 5ecurity instrumcnt iv�ust be in wriSing. .4ny notice fo Borrowet in eomiecrion with this Security Instrument shall be deerued to haue been given to Borrower when m<vled Uy i�rst class mail or when�actually delivered to Borrower's notice Tddress if sent by other tueans. Nottce to anq one Borrower sl�al7 conetituic notice to all Bnrrowe�'s unless Applic�le Law oxpresslq requirea oflierwise. The notiae address sh�ll be ihe Properly Address unlesa Borrower has -- --..___._ _ .___-----_._ ___.._._ __4 - --- zqooassa NEB2451(A-Single�Fnmlly-Fannle PAae/Freddle Mac UNIFOWvI INSTRUWENT Form 3026 7/01 � VMP� VMPfl(NE)(1706) Wolters Kluwer Finencial5ervices Page11 of 17