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��15�199� 12. Borrower Nvt Released; Fvrb�arance By L.�ender Nvt a Vllai�er. Extension of the time for pa�ment or rn�dification of amorti�ation of the surns secured�y this Se�urifiy Ir�strument granted by Lender ta Barrower or any Successor in Interest of Borrower shail not operate ta release the liability of Bvrrower or any Successors in Interest of Borrov��er. Lender shall nat be required to c4mmence praceedings agains�any Successor in Interes�af Borrower ar to refuse to extend nme for pay ment or othen�vise modify a�nvrtization of the sum.s secured�y this Security Ins�rument b�r reasan of an��dema.nd rnade by th�original Borravver or an�� Successors in Interest of Borrower. Any forbeardn�e b�Lender in exercisin�any right or remed�� includin�, wiihout limita�ion, Lender's a�cepl��l�e af payiner�is from ih�rd pers�ns, �niilies or Suc�cess�rs�n Irlterest of Borra�•er ar in��a��rris less ih��j tlie am�t�r�t 1��en d��e, shall �ioi�e a waiyer❑f or pre�lt�de tlie exercise of any r�ght or rernedy. �3. .lvint and 5e�reral Liabifity; Cv-signers; Successors and Assigns Bound. Borra�ver co�enants and agrees that B�rrower's obligati4ns and liability shall be joint and several. H4vvever, any Borrov��er who cv-s�gns this Security Instrument but does not execute the Note�a"co-s�gner"}: (a}is�o-signing tlus Security Instrument only ta mortgage, grant and convey the ca-signer's interest in the Froperty under the terms af this Security Ins�rum�nt; (b)is not pers�n�ly obli�ated to pa�the surns se�ured by this Security Instn�ment; and�c}a�rees th�1 Lender�nd any a�her Borrovver can agree to ex�e��d, �nodify, ror�ear or��ke �i�f a��o�n�nod�t ia ns w i t�i reg�rd io t he tenns o f t�lis S�c��r�ty I r�stni Yne�it�r t�1e Noie w it tto��i t��e�a-s igner's } co��sen�. Sub'ect to the provisions of Sec�ion �8, any Successor in Interest af B4rr�wer who asstunes Borra�ver's J obli ations under this Securit�•Instrument in��riting, and is approti�ed by Lender, sha11 obtain all af � � � ' nefi�s under this Securitv In�trument. Borro�er shal�not be released fram Borrov�er s nghts and be . Borrower's obli�ations and li�bilit��under this Security In�trum�ent unless Lender agrees to such release in wn�ir . The co�et�uits and a�reenlen�s nf�his 5ecurity Instrument s�ia11 b�nc��excep�as prfl�ided i��Sectian � 2(l}and ben�fil the successars and assrgns oC i.ender. i 4. Lvan Charges. Lender may char�e Borrower fees for sen�i�es performed in connection with Borrower's default, for the purpose of pratectin�Lender's interest in the Property and ri�hts under this Security' Instrument, including, but not limi�ted to, attorneys' fees, property lnspecti4n and valuation fees. In regard to an�other fees, the absenee of express au�harity in�s Security Instn�ment tv charge a specif'ic fee to � Borrower sha11 not be canstrued as a prolubition on the char�ng of such fee. Lender may not cha.rge fees that are ehpressly prahibited by this Security Instn�ment or by Applicabl�Law. If the Loan is subject to a law which sets ma�imum 1oan charges, and that iaw is finaliy in#erpreted sv that the interest or o�her loan charges�o1le�ted or to be collected in connect��n with the Laan exceed the p ernutted Iimits, then: �a}any such loan�har�e shall�e reduced byr the am�unt necessaxy to reduce the char e t�the ermitted limit; and�}any surns already c�llected from B�rrow er which exceeded permitted � P limits��i�1 be refunded ta Borrower. Lender m�ay choose tv rn,a1�e this refund by reducing the principal owed under the N�te or by making a dire�t payment to Borrower. �f a refund reduces principal, the reduction wi11 be treated as a partial prepayment��vithaut any prepa�•men�charge twhether or not a prepayment charge i5 prvvided for under i��e Note). Borror�ver's ac:cep��lce of any s�tc�l refitnd naade by dire�l pa�ment�a Bvrrower wi�l Gor�stitt�te a wai�Ter o[�aY��' rigl�t of aCiion Barrawer inighi�1��e arisiYig�lxt af siic�t��er�h�rge. '15. N�t ic�s. A11 notices giwen l�y Borrower ar Lender in�onnection with tYus Security Ins�rument must be in writin . An notice tfl Borrower in�onnectian with this Security Ins�rument shall be deemed to have been � Y g iven tv Borro�er when mailed by f�r�t class mail or►�h�n actually deli�ered to Barra��ver's notice address if sent b other means. Natice ta ar�y�ne Borrfl�er shall cons�itute notice to all Borrowers unless Applicable y Laa ex ressly requires otherwise. The notice address sha11 be the Property Address unless Borrower has p 23��3�1489 ❑V61�E Form 3DZ8 1l41 hl EBRASKR-S�ngle Family•Fann+e M aelFreddie Ma�L NIF�RM INSTR�JM BVT ��p��!�ti�p�� VMP� Page 11 of 17 Walte►s}tluwer Ftnancial 5ervices