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201210487 12. Borrower Not Released; Forbearance By Lender Not a Waiver. Ex[ension of the time for payment or modi£cation of amortization of the sums secured by this Security Iastrument granted by Lender to Borrower or any Successor in Interest of Borrower shall not operate to release the liability of Borrower or any S�ccessors in Interest of Borrower. I.ender shall not be required to commence proceedings against any Successor in Interes[of Borrower or to refuse to extend time for paymen[or otherwise modify amortization of the sums secured by this Security Instrument by reason of any demand made by [he original Botrower or any Successors in Interest of Borrower. Any forbearance by Lender in exercising any righ[or remedy including, without limitarion, Lender's acceptance of payments from third persons, entities or Succeasors in lnterest of Borrower or in amounts less than the amoun[then due, shall not be a waiver of or preclude the exercise af any right or remedy. 13. Joint and Several Liability; Co-signers; Succassors and Assigns Bound. Borruwer covenants and agrces thaz Borrower's obligazions and liability shall be joint and several. However, any Bortower who co-signs this Securiry Insrrument bur does nor execute the Note(a "co-signer"): (a) is co-signing tlus Security Instrument only to mortgage, grant and convey the co-signer's in[erest in the Property under the terms of this Securiry Instrument; @) is not personally obligated to pay the sums secured by this 5ecurity Instrument; and (c) agrees that Lender and any other Borrower can agree to extend, modify, forbeaz or make any accotnmodations with regard to the terms of this Securiry Instrument or the Note without the co-signer's cottsent. Subject to the provisions of Section 18, any S�ccessor in Interest of Borrower who assumes Borrower's obligations under this Security Ins[rument in writing, and is approved by Lender, shall obtain all of Borrower's rights and benefits under this Security Instrument. Borrower shall not be released from Borrower's obligations and liability under this Security Instrument unless I.ender agtees to such release in writing. The covenants and agreements of this Security Instnunent shall bind(except as provided in Section 20):tnd benefit the successors and assigns of Lender. 14. Loan Cliarges. Lender may charge Borrower fe�s for services performed in connection with Borrower's deY'ault, for[he purpose of protecting Lender's interest in[he Properry and righ[s under this Security Instnunent, including, but not limi[ed to, attorneys' fees, property insp�tion and valuation fces. In regard to any other fees, the absence of express authority in this Security Instrument to charge a specific fee to Borrower shall not be construed as a prohi6ition on the charging of such fee. Lender may not chazge fees that aze expressly prohibited by this Seturity Instrument or by Applicable Law. If the Loan is subject to a law which sets maacimum loan charges, and that law is finally in[erpreted so that the interest or other loan charges coll�ted or to be collected in connection with the Loan exceed the permitted limits, then: (a)any such loan chazge shall be reduced by the aznount necessary to reduce the chazge to the permitted limit; and(b) any sums al�eady collected from Borrower which excePded permitte� limits will be refunded to Bonower. 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 No[e). Borrower's accep[ance of any such refiuid 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. AII notices given by Borrower or L,ender in connec2ion with this Security Instrument must be in writing. Any notice to Borrower in wnnection with this Security Instnm�ent shall be deemed to have been given to Borrower when mailed by first class mail or when actually delivered to Borrower's notice address if sen[by o[her means. Notice to any one Borrower shall constimte notice to all Borrowers unless ApplicaUle Law expressly requires otherwise. The notice address shall be the Property Address unless Borrower has NEBRASKA-Si�le Femily-Fennie Mae/FreCtlle Mac UNIFOflM WSTflUMENT Po�m 3028 1l01 VMP� VMPBME)(1105�.00 Wolters Kluwer Financial Services Pape 11 ot t]