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2� 1 ��8188 '1�. Borrower Nvt R��eased; Fvrbearance By Lender Not a Waiver. �xtens�on�f the tim�far pa�rmen�or modification of amor�ization of�he sums secured by�his Se�urity Ins�runnen��ranted b� Lende�-�ti garrower or any Successor in�n�ereS�of Borrower�ha1l not�perate�o release�he l�ab��ity�f B�rrower or an� Succ�ssors �n�n�ere5t of Borrower. Lender shal�nat be requ�red to commence proceedings agains�any Successor�n In�eres�of Borra�rer ar to refuse ta ex�end ti�me for payment or atherw�se modify amor��z�tinn of�he sums se�ur�d b�this Security �nstrumen�by reason�f any demand made�y the or�g�nal Borrov�er or any Successors in Interest af Borrow�r. Any farbearance by Lender in ex�rcising any right or remedy including, w�thout ximita�ion, Lender's accep�ance af payments from�hird persons, en�ities or Successors in �nterest of Borrower�r in amount��ess than the amount then due, sha�� no�be a waiver�f or pree�ude the exerc�se�f any r�gh�or r�med�r. �3. Jvint and SeW�ral Liabi[�ty; Co�signe�s; Su�cessors and Assigns B�und. Borrower cov�nants and agrees�ha�Borrow�r's�bligations and liability shall be�o�nt and several. �3owever, any Borrower wh� co-signs�his S��ur�t� �ns�rument but does not��ecute�he Note�a "c�-s�gner"}: �a� �s ca-signing th�� Secur�t� Instrument onl� �o mortgage, gran�and convey the co-s�gner's �n�erest in�he Proper��und�r the �erms of this 5ecurit� Instrument; �b� is na�p�rsonally ob1��a��d to pay�h�sums secur�d by�his Securi��r �nstrument; and �c} agrees�hat Len�er and an��her Borro�ver can agree�a extend, modif�, forbear ar make any accomm�da�ion�v�i�h regard�o�h�terms of�his Security �nstrumen�or the No�e wi�hout the co�signer'� consent. Sub�ect ta�he pro�risions of Se�ti�n �8, any Successor in�n��rest of Borr�wer wh� assumes Barrov�er's obl�gati�ns under�his Securi�y �ns�rumen� in wri�ing, and is appro�ed by Lender, shall obtain all of Borrovcrer's rights and benef�ts under this Secur��y �ns�rumen�. Borrower shal� no�be released from Borrow�r's obli�ations and liabi�i��under�his Secur�ty �ns�rumen�unless L.ender agrees�� such release �n wr�t�ng. The covenants and agre�ments of this Se�urity �nstrument�ha�i b�nd �except as pro��ded in Sec�ion 2�} and bene��he suc��ssors and assigns of Lender. 't 4. Loan Charges. Lender may charge�orrovv�r fees f�r s�r�ices perfarmed in eonnec�ion vvi�h Borrov�rer's default, for the purpose of pra�ecting I�end�r's int�r�st �n�he Property and rights under th�s Secur�ty �nstrumen�, in�Iud�ng, but not �imi�ed �o, a�tarneys' f�es, pr�perty inspe��xan and va�uation fees. In regard to any other fees, the absence af express auth�rity in this Security �nstrument�a char�e a speci�c fee to Borravver shali nat be cons�rued as a proh�b�t��n on�he charging of such fee, Lender may no�charge fees that are express�y pr�h�bited b}�this Security Instrumen�or by Ap�l�cab�e Lav�r. �f�h�L.�an is subje�t to a law which sets maximum loan��arges, and that law xs finall�interpret�d sa that �he inter�st�r other laan charges co��ect�d or to be calle��d in�onnect�an wi�h�he Loan exceed the permit�ed��mits, �hen: �a� any such ioan�harge shal��e reduced t�y�he amount necessary to r�duce�he charge to�he permitted��m�.i.�; and�b} any sums a�read�r co�lected fr�m B�rr�wer vWhich exceeded permitted �imi�s wil�be refunded to Borrovver. Lender may cha�se to make�his refund by reducing�he principal ovwed under�he No�e or by making a direct payment to Borrower. �f a refund reduces pr�ncipal, �he reduc�ion vv�l� be treated as a partial prepaymen�with�ut an�prepaymen�charge�whether�r not a prepaymen��harge is provided far under the N�te}. Borrower's acceptance of any such refund made by direct paymen��o �orr�wer wil� cans�itu��a wai�rer flf any r�ght of actian Borrov�er migh�hav�aris�ng out of su�h avercharge. �5. Natices. A��notices given by BQrrower or Lender in connec�ion w�th this Security Instrument must be in writing. Any no�i�e�o Borrov��r in connec�i�n wi�h�his Securi�y Instrum�n�shall be deemed�o have be�n g��en t� Borr�wer when mai�ed by f�rst class mai�or when actual�y delivered to Sarrower's no��ce address �f �en�b�r��her means. Notice�o any one Borrnwer shall constitu��n�t�ce to a�l Borrowers un�ess App�icabi� Law expr�ssly requires o�her�vise. The notice addr�ss shal�be�he Proper�y Address uniess BorrovWer has N�SRASKA-5ingle�ami�y-Fannie MaelFreddie Mac UNIFQRM iNSTRUM�NT Ftirm 3�28 11�'1 VMP[� VMPfi�NE)��342� Wo�ters Kfuw�r Finan�ial 5er�ices Page 1 1 a#'�7