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��15�3��1 '1�. Borro►►ver �Vot Re[eased; �or�earance �y Lender Not a Wai�er. Extension of the time far paymen�or modificat�on flf amort�zation of th�sums secured by �h�s Secur��y Instrumen�gran�ed by Lender�o Borrower or any Successor in�n�eres�of Borr�wer shal� nn�operate to re�ease�he�iabili�y of Borrower or any 5uccessors �n�n�erest nf Borrower. Lender shall no�b�required to commence proceed�ngs aga�nst any Suc�essor�n�nteres�of Borrower or�o refuse to ex��n��im�for payment ar o��ervv�se modify amor�izat�on of�he sun�s secured by this Se�uri�� nstrument by reason of any demand made�� the or�ginal Borrower or any Su�cessors in�nterest nf Borrower. An� forbea�rance b� Lender in�xerc�s�ng any�-ight or rem�dy inc�uding, w�thout l�nuta��on, Lender's acceptan�e of payments from third person�, entities ar Suc�essors in �n�er�st of Borrower or in a�moun�s less �han�he amount then�.ue, shal�na�be a waiver af ar pre�Iude the ex�rcise of any right or remedy. �3. Joint and SeWeral Liahility; Ca-signers; Successvrs and Assigns Baund. Barrov�er coWenants and a�r�es that Borrovver's ob�igat�ons and�iabil��y shal�be��n�and se�veral. �3owe�rer, any Borrower who �a-signs �his Security Ins�r�men�but does no��xecu�e�he Nate �a "co-signer"}; �a} �s co-s�gn�n��is �ecuri�y Instrument only to mor�gage, grant and con��y the c��signer's interest in�he Prope�y under the terms of�his Se�uri�y �ns�rum�nt, �b} �s no�pers�nally abliga�ed��pa�the sums se�ured�y this Security Instrumen�; and �c� agrees tha�Lender and any a�her Borrow�r�an agre�to extend, modify, forbear vr make any ac�ommoda�ians v�rith r��ard to the�erms�f�hi� Security Ins�rumen�or the Note wz�haut�he��-signer's consent. Suh�ect�n the pro�is��ns of S�ct�an �$, any Successor�n In�erest of Barrflwer wh� a�sumes Barrow�r's obligations under this Secur�� Instrurnen�in writ�ngs ar�d i� appra�ved by Lender, shaiZ ob�ain al�of Barrov�reris righ�s and benef��s under�his Security Instrumen�. Barr�v�er shall not be released from Borrower's ob��gations and�iab��i�y under th�s Secur��y �ns�runlent unl�ss Lend�r agrees�o such re�ease�n writing. The covenants and agre�ments of�h�s Secur�ty �ns�rumen� sha��b�nd�e��ept as pro�vided in 5ection 203 and benef��he suCcess�rs and ass�gns af I.�nd�r. �4. Loan Charges. Lender ma�charge Bnrrov�rer fees for ser�rices performed �n connection with Borrower's defaul�, for�he purpas�af protec��ng I,ender's int�rest�n�he Prap�rty and r�ghts under this Se�urity �ns�rumen�, including, but no��imited to, attorneys' fees, prope�y inspection and va�uat�on fees. �n regard to any a�her fees, �he absence�f express au�hori�� in this S�curi�y �nstrumen�to charge a speci�c fee to B�rrower sha�l n��be cans�rued as a pr�hib�tion�n the charging of such fee. Lender may no�charge fees that are expressl�prohibited b��h�s Security �nsfrumen�or b�r Applicabie Law. �f the Loan�s subject to a law which se�s max�mum loan charges, and that law i� finall� interpr�ted so �hat the interes�or o�her�oan charg�s�o1lec��d or�o be col�ected in connec��n wi�h�he Loan exceed �h� perm�tted�im.its, then: �a} an.y such loan charge shal� be r�duced by th�amount necessary to reduce the charge�� he permitted Iimit; and (b} any sums alread�collec�ed from Barrower whzch exceede�perm��ted �imi�s wi��be refunded to B�rr�wer. Lend�r may�haase t�make th�s refund�� reducing the principai owed under the Nat�or b�mak�ng a direct paymen�ta B�rr�wer. �f a refund reduc�s prin�ipa�, the reduct�an w�ll be trea�ed as a par�iai prepa�men�v�ithout any prepa�ment�harge�whether or not a prepa�n7en��harge is provided f�r under the Note}. Barrower's acceptance a�'any such refund made by d�rec�pa�ment t� Borr�wer w�� cans�i�ute a wazver of any r�gh�of ac��on Borrov�rer might ha�re aris�ng aut of such�verchar�e. �5. Notices. A�� notices given by Barr�v��r ar Lender in connection wi�h th�s Security �nstrument mus�be in �vri��ng. Any not�ce�a Borrower in connect��n wi�h�his Security �ns�rum�n�shall ��deemed to ha�e been given�o BQrro�ver when mailed by firs�class ma��or when actual�y del�v�red to Borrower's na�ice address �f s�nt by o�her means. No�ic�to any one Borrower shali constitu�e notice to ali Bflrrowers unless App�icable Lav�e�press�y requ�res othervvise. The no�ice address shai�be�h� Proper�� Address unl�ss Barro�rer has NEBRASKA-5ingle�amily-Fannie MaelFreddie Mac UNIFQRM�NSTRUM�NT Form 3Q2$1!41 VMP Q VMPfi�NE�{'�302� Wa�ters Kl�wer�inancia!5er�i�es Page 11 vf i 7