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��15��95� 7�. Barrowe� Not Re�ea�ed; Forbearance By Lender Not a 1Na��er. Extension of the�ime for payrnen�or �modi�cation of amor�ization of the sums secured by th�s Secur�� nstrumen�granted�y Lender to Borrower or any Successor in�nteres�of Borrov�rer sha�l no�operate ta release the�iabi�ity of Borrov�rer�r any Successors in Interes�of Borrawer. Lend�r sha�l no�be required to Gom�menc�proceedings against any Suc��ssor in In�er�s�of Borr�wer or to refus�to ex�end tim�for pay�nen�or oth�rvvis�mod�fy amor�iza�i�n of�he sums secured�y this Security �nstrum�ent by reasan�f an�demand made by�he ori�inal Borr�wer or an� Succ�ssors �n�n��res�of Borrower. Any forbearan�e�y Lender in exercising an� r�ght or r�medy including, withou��imi.tat�on, L�nder's ac�eptanc�flf payments from third�ers�ns, �nti�i�s or Successors in �n�eres�of Borrower or�n amounts �ess than�he amount�hen due, sha��no�be a vc�ai�er�f or preciude�h� exerc�se of any righ�or remedy. 'I 3. Jvint and Se�eral Liability; Co-signers; Su�cessors and Assigns B�und. Borr�vver�o��nan.ts and agre�s�ha�Borrower's obliga�ions and l�abili��shall be joint and seWeral. �ovsre�er, any�orrawer who co-sign��his Security Instrum�n��u�does n��ex�cu�e�he Note�a "co-signer"}: �a} is co-s�gning�his Secur�ty �ns�rumen�on1�to rn�rtgage, gran�and convey�he co�sign�r's �nterest in�he Praper��r under the terms of�his Se�ur�t�r �nstrument; �b� is na�p�rsonally obi��ated�a pay the sums secured by��is Secur�ty �nstrumen�; and�c} agrees�hat Lender and an�oth�r Borrower�an agree to�xtend, mod�f�, forbear or ma.�e any accomma�a�ions with regard ta �he terms�f this SeGur�ty Instrument or the N��e vv��hout the co-s�gner's cflnsent, Sub�ec��o�he provisions of Sec�i�n �S, any Successor�n�n�eres�of Borrnvver who assumes Borrower's a�l�gations unde�r�hi� Secur��y Instrumen�in wr��ing, a�d is appro�ed�y L.�nder, shall ob�ain a11 of B�rrower's rights and benef�ts und�r th�s Security Instrumen�. Barro��r shal�no�be released from Borrower's o�Ixga�ions and liabi�ity under�his Se�urity Instrument unless Lender agrees to such re�ease in v�rr�ting. The covenants and agre�ment�of this Secur��y Instrument �hal�b�nd �ex�ept as pro�ided�n Sect�on 2�} and bene�t th�suc�essors and ass�gns of Lender. '�4. Loan Charges. Lender ma}�charge Borrow�r fe�s far s�r�ices performed in��nnect�on with Borrower's default, for the purpose�f pro��ing Lender's �n�erest in the Pr�per�� and rig�its under�h�s Securi�y �nstrument, inc�uding, but not Iimi�ed to, a��orneys' fees, prflperty inspe�tian and valua�ian fe�s. �n regard to any ather fees, �he absence of e�press au�hority in this Security �ns�rument�o charge a spec�f�c fee�a Borrower shaii no�be cons�rued as a prohibi�ion on the charging of su�h fee. Lender may nn�charge f�es �hat are express��r prahib�ted by this S�cur�t�r �ns�rument or��Applicab�e Law. �f the Loan is subject to a law which s�t� ma�imum loan�harges, and�hat�a� is f�na�ly in�erpr�ted so�h�� �he�nterest or other loan charges collec�ed or to be collec�ed in con.nec�ian w�th�he Loan�xceed the permifted�imits, then: �a} an�r such�oan charge sha11 be reduc�d b��he amount necessar�to r�duce the �harge tn the perm�tted I�mi�; and (b} any sums already c��Iect�d from Borrow�r which ex�eet�ed permi��ed li�n�ts vvil� be refunded to Barr�wer. Lender may choase�a make�his refund by reduc�n��he princ�pa�awed under the No�e or by making a direct payment to Borrowe�r. If a refund redu�es principal, �he reduc�ion vvi11 be treated as a par��a�prepayment v5rithou�any prepa�men�charge �v►�hether or n�t a prepaymen�charge�s pro��ded for under the Not�}. Borrower's a��e�tance of any such r�fund mad�b�r d�rect�ayrnen�� Borr�w�r will c�nst�tu��a waiver of any r�ght of act�on Borrower m�ght have arising out of such o�ercharg�. �5. Natices. A1� notices given�y Borrawer or Lender in connection v�i�h this Se�urity �ns�rument must be�n v�rr�t�ng. Any no�iGe t� Borrow�r�n connection w��h�his Security �ns�rument shall be deemed t�have��en gi�en to Borrov�er�hen mailed by f�rst ciass mail or when actua��y d�l��rered to Borrower's no�ice address if sent b�other means. Notice�o any nne Borrower shal� const��ute noti�e�o a�� Borrowers unless Appl��a�le Lav� e�pressly requ�res oth�rw�se. The natice addr�ss sha�l be�he Pr�per��Address un�ess Borrower has N�gRASKA-Single�ami#y-Fannie MaelFredrlie Ma�IJNIFORM INSTRUM�NT �arm 3028 11�� VMP� VMPfi(N�i�1302i Walters Kluwer�inanciat Ser�ices Page 1 i of�7