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201211193 12. Borrower Not Released; Forbearance By Lender Not a Waiver. Extension of the time for payment or modificaYion of amortizalion of the sums secured by tlus Security Instrument ganted by Lender to Bonower or any 3uccessor in Interest of Boaower shall not opzrate to release the liabiliry of Borrowei or any Suecessors in Interest of Borrower. Lender shall not be required to coxnmence proceedings against aay Successor in Interest of Borrower or to iefuse to extend time for payuient or otherwise�nodify amortizafion of the sums sec�sed by tLis Securii7 Instrtuneart b�reason of any demand made by the original Sorrower pr any Successors in Interest of Borrower. Any forbearance by Lender in exercising any right or remedy� including, without limitation, Lender's aweptance of payinents from third persons, entities or Successars m Interesf of Borrower or in amonnts less tban the amount then due, shall not be a waiver of or preclude the �ercise of any ri�t or remedy. 13. Joint and Several Liability; Co-signers; Successors and Assigns Bound. Borrower covenants and a�ees that Sorror�rer's obliga6ons and liabiliry shall be joint and several. However, any Borrower who co-sigis this Security Instrument but does not execute the Note(a"co-signer"): (a) is co-sigung fliis Security Insh-ament only to mortgage, grant aaid convey tha co-signer's interest ln the Property under the tenns of this Security Instnunent; (b) is noC personally obligated to pay the swns secured by tlus Security Insirument; and(c) a�ees tt�a#Lender and any other Borrower can agree to extend, modify, forbear or make any aceommodations with regard to the terms of this Security Instrument or the Note without the co-signer's consent. Subject to the provisions of Section 18, any Successor in Interest of Bonower who asswnu�Borrower's � obligaticros uncler tlus Security Instrument in writing, and is approved by Lender, shall obtain all oP Borrower's rights �d henefits under this Security InsWment. Barrower shall not be released from Borrower's obligations and liability under ihis Security lnstrument unless Lender agees to such release in writing. The covenants and aereements of this Security In�inunent shall bind(except as providecl in Secfion 20) and benefit the successors and assigns of Leaider. 14. Loan Charges. Lender�nay charge Borrower fees for services performed in connection with Borrower's default, for the purpose of protecring Lender s interest in the Property and rights under fliis Security Instrument, including, but not liinited to, attomeys' fees, property inspection and valuation Pees. ln regard to any other fees, the absence of express authority in this Security Ins�tnunent to chazge a specific fee to Borrower shall noc be construed as a prohibition on the chazging of such fee. Lender may not charge£ees that�e expressly prohibited by tl�is Security Insttument or by Applieable Law. If the Loan is subject to a law which sets maximum loan charges, and that law is finally interpreted so that the inierest or other loan charges collected or to be collected in connection with the Loan exceed the pennitted liinits, thes (a) any such]oan charge shall be reduced by the aznounC necessary to reduce the chazge to the psrmitted limlt and(b) any sums alread.y collected from I3orrower which exceeded permitted limits wi11 be refunded to Borrower. Lender may choosc to make this refund by reduci�g The principal oweci undea�the Note or by�aking a direct payxnent to Borrower. If a refund reduce5 piincipal, the xeduction will be treated as a partial prepayment without any prepayment charge(whether or not a prepayment cl�azge is provided for under ihe Note). Borrower s aecepta�ice 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 overcharge. 15. N otices. All notices given by Borrower or Lender in connection`xith this Security Instrument inust be in writing. Any notice to Borrowex in connectian with this Securiry Instrument 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 sent by othcr ineans. Notice to any one Borrower shall constitute notice to all I3o+-rowers unless Applicable Lazv expressly requires otherwise. The notice address shall�e the Properry Address unless Borrow�es has 2400322] NEBRASKA-Single Family-Fannie A7aeIFredGle Mac UNIFORM INSTRUbIENT Form 3�28 1101 VfvlP� VMPB(NE)(1105) Wolters Kluwu Financial$ervices Page 11 of i]