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2� 1 ��7�� 'i�. Bor�vwer Not Re�eased; Forbearance By Lender Not a Vllai�er. Extension of the�ime for payment�r modif�cat�on of amor�ization of�he sums secured by�h�s Secur�ty Ins�rument gran�ed b� Lender to Borrower ar any Succe�sor in �n�erest of Borrower shall not op�ra�e to re�eas��he liability of Bflrrawer�r any Suc�essors in �nterest of Borrower. Lender shall not be r��uir�d to cammence proceed�ngs a�ains�any Successor�n �nterest flf Borr�wer ar t� r�fuse to extend�ime f�r paymen�or o�heru��se mod�fy amor�izati�n of�he sums se�ured by th�s Secur�t� �nstrum�nt b� reason af any demand made by the or�g�na� Bnrro�er or an�Successars in�nteres�of Borrawer. .�ny farb�arance�y Lender�n exercising an�right or remedy inciuding, wi�haut limi�at�on, L�nder's acceptance af payments from�hird persons, enti�ies or�uccessors in �n�erest of Borr�wer or in am�un�s less than the amoun��hen due, sha��not be a vvaiver�f�r pr�clude�he exer�ise�f an�r�ght or remedy. 'f 3. Jo�nt and Several Liability; Co-signers; Successors and Assigns Baund. Barrow�r co�enants and agrees that Borrov�er's a�ligations and Iiah�� sha��be�oint and sev�rai. �3ow�v�r, any Borrower who �o-si�ns this 5ecurit� Ins�rument but do�s not�xecute the Note�a "co-s�gner"}: �a} is co-signing �his Secur�ty �ns�rument only to mort�age, grant and convey the�o�signer's interes�in the Prope��under the terms of�his 5ecu�-�t� �nstru�nent; �b} is not personaiiy obI iga�ed�o pay the sums secured by�his Secur�ty �nstrumen�; and �c} agrees�hat Lender and any flther Borrower can a�ree t�ex�end, modify, forbear or rnake any accommodations vwith regard��the terms of�his Securit� Ins��ument or�he Note w��hout the c�-signer's C�I75�I��. Subject to�he pro�isions of Sect�an �S, any Successar in In�erest of Borrower��ho assumes gorrow�r's obligations under th�s Security Ins�rument �n wri��ng, and is approved b� Lender, sha��ob�a�n all af Borrav�rer's rights and benef�ts under this S�cur�ty Instrumen�. Borrov�er sha�� not he r��eased from Borrov�er's obXi�at�ons and �iab�l�ty under th�s Security �nstrumen�unl�ss I..�nder agre�s to su�h re�ease in writing. The Go�enants and agr�ernents of this Security Ins�rumen� shali bind �exc�p�as provided �n Sec��on Z�} and benefit the succe�sors and a�si�ns�f L�nder, �4. Lvan Charges. Lender may charge Borrower fees for ser�ices pe�-fornl�d in connec�ion vvith B�rrower's d�fault, for the purpose of protec�in� L�nder's interest xn�he Proper�}� and righ�s under th�s S�curi�y �nstrum�n�, �nc�ud�ng, but no� ��mited t�, a�t�rne�s' f�es, pr�per�y inspection and�a�uat��n f��s. �n r��ard to an�o�her fees, the absence of express author�ty in this Secur��y Instrumen�to charge a sp�c��f�e to Borrower shall not be construed as a prohibition�n the charging of such fee. Lender may no�charge fe�s �hat are expressl�prohibited by this Se�urity Ins�rument�r by Appl icabie Law. If the Loan�s su�jec��o a law wh�ch sets maximum�aan c�arges, and that law is �na�� nterpreted so that �he in�erest or o�h�r�aan charges�allec�ed or�o be�ollected �n connection with the Loan ex�eed�he . permi��ed��mi��, then: �a� any su�h loan charge sha��he reduced by�he amount necessary�o reduce the charg�to the permi��ed Iin�i�; and �b} any sums already co�Iected from Borrower v�hz�h exceeded permi�ted li�m�ts wi�l b�refunded ta Borrower. Lender may chaose to make�his refund by reducing�he principal �wed under�he No�e or by mak�ng a d�rec�payment tn Borrower. �f a refund reduces prin��pa�, the reduc��on wx�l be treated as a par�ial prepayment��hou�any prepayment charge �whe�her or n��a prepaymen��harge�s pra��ded for under�he N��e}. Borrov�er's accep�ance of any such refund made by d�rect payment to Barrower v��cans��tute a v�rai�rer af any righ�of act�on Borrower migh�have arising flu�of such ov�r�harge. 15. Nvtices. Ali notices gi�en b�Barrower or Lender in connection with this Security In�trurnent must b�in wr�t�ng. Any na�ice to Borrower�n connectz�n�v�th�his Secur�ty �nstrument sha�l be deemed ta have been given to B�rrawer when ma��ed by first class mail or when ac�uall�d��i�ered�o Borrower's n�tice address �f sen�� other m�ans. Not�ce�a any one Borrower shaii cons�i�u�e notice�o a�l Borrowers un��ss A�p��ca�le Law expressiy requires othervvise. The nntice address sha�i be�he Praperty Address unless Borrower has NEBRASKA-5ing�e�amily-Fannie Mael�reddie Mac UNi��RM INSTRUMENT �arm 3428 11D1 VMP� VMPfitNE}t�3Q2f Walters Kluwer Financial 5er�ices Page�� of 17