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201211196 12. Borrower Not Released; Forbearance By Lender Not a V1laiver. EAtension of the time for payment or modificarion of amortization of the sums securcd Uy this Szcurity Insirwnent granted by Lender to Bonower or any Successor in Intexest of Borrowex shall not operate to release the liability of Borrower or�ny Successors in Interest of Boaower. Lender shadl not be requixed to commence proceedings ao inct any Successor in Interest of Borrower or to refuse to extend time Por paytnent or otherwise modify amortization of the sunis secured by this Security Insmunent by reason of any deinand i»ade by the original Borrower or any Successors in Intcrest of Borrower. Any forbeu-ance by Lender in exercising any right or remedy 3ncluding, without liFnitarion, Lender's acceptance oPpayments from fhird persons, entities or Successors in Interest of Borrower or in amounts less than the amount then due, shall not Ue a waiver of or preclude the exercise of 2ny right or remedy. 13. Joint and Several Liability; Co-signers; Successors and Assigns Bound. Botrower covenants and agrees that Borro�ver's obligations and liability si�all be joint�nd severaL Hoarever, any Borrower who co-signs fl�is Security Instnuuent but does not execute the Note(a"co-si�mer"): (a) is co-signing this Seciuity Instrument only to mortgage, gant and convey the co-signer's interest in the Property imdex the texms of this Securiry insmunent; (b) Is not personally obligated to pay the sums secLued hy tlus Security Instrument and(c) agrees that Lender and any other Borsower cau agree to extend, modify, forbear or make any accommodarions with xegard to the terms of ttus S�eurity Instrmnent or the Note without the co-signez's COIlSeIlY. Subject to the provisions of Section 18, any Sueeessor:n Interest of Borrower who assumes Bosower's obligafions wider this Security Instrument in wriling, and is approved by Lender, shall ob[ain all of Borrower's ri�ts and benefits under this Security Instrument. Borrower shall not be released from Borrower's obligations and liability twder Yhis Secueity Insh-mnent unles9 LCndei agees to suon Xelease in writing. The covenanYs and agraements of tfiis Secuxity Instrument shal]bind(except as provided in Secrion ?0)and benefit the successors and assigns of Lendez. 14. Loan Charges. Lender may charge Borrower fees for services performed in connection with Borrower's default, for the pwpose of protecring Lender's interest in the Praperty and rights under this Security Instnunent including, but not lisnited tq attorneys' fees, properCg inspecrion and vahiation f�. In regard to any other fees, the absence of express authority iu�his Security ins�ument ta chazge a speCific fee to Borrower shatl not be construed as a prohibison on flie charging of such fee. Lender may not cliarge fees that aze expressly prohi'bited by this Securiry Instrwnent or by Appiicable La��. If tF�e Loan is subiecT to a Iaw wluch sets maximum lpan charges, and that law is finally interpreted so that the interest or other]oan chazges colleeted or to be eollecTed in eoimect3 on with the Loan exceed the pernutted Iinrits, then: (a) any such loan chazge shall be reduced by the amounY necessary to xeduce khe chazge to flie pezxnitted limi� and(b) any swns already collected from Borrower which exCeeded permitted limits will be refunded to Borrower. Lcnder may choose to make this refund by reducin�the principal owed under flie Note pr by maldng a direct payment to Bosower. If a refund reduczs principal, the reducfion will be treated as a partial prepa��nent without any prepayment chazge(whether or not a prepayment chazge is provided for under the Note}. Bonower's acceptance of any such refund made by direct payment to Borrower wi11 constituCe a waiver of any rig,l�t of action Borrower mfght have arising out of such overcharge. 7 5. Notices. All norices giveii by Borrower or Lendex in connection with fliis Security Instrument must be in writing. Any notice to I3orrower in connection with this Security Instrument shall be deemed to have been given to Borrower when mailed by first class mail or��hen actually deliverzd to Borrower's notice address if sent by other means. Notice to any one Barrower shall consfitUfe Rotice to all Borro��ers w�less Applicable Law expressly requires otherwise. The notiee address shall Ue thc Property Address unless Borrower has zaaoazsi NBRFSKA-Single Pamily-Fannie 1d ae�Fretl�ie h1ac ONIFOFGd WSTRUMENT Form 3028 11D1 VMP� VMP6(NE)(itOS) Wo4ers Kluwer FinanGial Services Page i i of 1]