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12. Borrower Not Released; Forbearance By Lender Not a Waiver. Extension of the time for payment or modification of amortization of the sums secured by his Security Instrument granted by Lender to Borrower or any Successor in Interest of Borrower shall not operate to release the liability of Borrower or any Successors in Interest of Borrower. Lender shall not be required to commence proceedings against any Successor in Interest of Borrower or to refuse to extend time for payment or otherwise o er or Successors in Interest ofsBorrowe ryAny Instrument by Lender n reason of exercising any right made by the original Bo Y In remedy including, err or in amountstlesssnhan e he acceptance of due, payments hall not from third persons, entities or waiver of or preclude he exercise of Successors any Interest of rigfit or remedy. 13. Joint and Several Liability; Co- signers; Successors and Assigns Bound. Borrower covenants and agrees that Borrower's obligations and liability shall be joint and several. However, any Borrower who co -signs this Security Instrument but does not execute the Note (a "co- signer "): (a) is co- signing this Security Instrument only to mortgage, grant and convey the co- signer's interest in the Property under the terms of this Security Instrument; (b) is not personally obligated to pay the sums secured by his Security Instrument; and (c) agrees that Lender and any other Borrower can agree to extend, modify, forbear or make any accommodations with regard to the terms of this Security Instrument or the Note without the co- signer's consent. Subject to he provisions of Section 18, any Successor in Interest of Borrower who assumes Borrower's obligations by obtain bfl under this Security Instr men inr t ase r o o we obi ation d liability under h sSecurity this Security Instrume Borrower hll not b released from Instrument unless Lender agrees to such release in writing. The covenants and agreements of his Security Instrument shall bind (except as provided in Section 20) and benefit the successors and assigns of Lender. 14. Loan Charges. Lender may charge Borrower fees for services performed in connection with Borrower's default, for the purpose of protecting fees, Lender's inspection and Property al ationaf es. Intsregard this any other) fees, the including, but express limited to, attorney property authority in this Security Instrument to charge a specific fee to Borrower shall not be construed as a prohibition on the charging of such fee. Lender may not charge fees that are expressly prohibited by this Security Instrument orb Applicable Law. If the Loan is subject to a law which sets maximum loan charges, and that law is finally interpreted so that the interest such or other loan charges collected or to be collected in connection with the Loan exceed the permitted limits, then: (a) any rsuc loan charge shall be reduced by the amount necessary to reduce the charge to the permitted limit; and (b) any Y collected from Borrower riwhich pal OWed under the Nolimits or by making na direct oBpayment to Borrower. choose to refund duces refund by reducing the pill p re a ment charge (whether or not a prepayment principal, the reduction will be treated as a partial prepayment without any p p Y g charge is provided for under he Note). Borrower's acceptance of any such refund made by direct payment to Borrower will constitute a waiver of any right of action Borrower might have arising out of such overcharge. strument 15. Notices. All notices n connection with this Security nInstrument shall be with deemed to have been given to Borrowerrwhen Any notice to Borrower one mailed by first constitute nonce to all lily delivered unless Applicable Law expressly requires other otherwise. The snot notice add ess Borrower shall shall be the Property Address olwer'Bohan erof address. If If Lendersspecifesta procedurebfor reporting Borrow trsohange of promptly notify Lender of Bo g be only one address, hen Borrower shall only report a change of address through that specified procedure. There may Y it designated notice address under athis Sender's address stated herein unless Lenderlhas designated another address by notice to or by mailing it by first class Borrower. Any notice in con If can n with this Security this t Security Instrument deemed s also required undemgAppli abe Law, the actually received by Le Y Applicable Law requirement will satisfy the corresponding requirement under his Security Instrument 16. Governing Law; S ne nbwhich he Property is ulocated. All Security and obligations ) be en hisdSecurity and the law of the jurisdiction Instrument are subject to any requirements it and li btetions of , bupsuchhsilence shall e construed asxa prohibition again allow the parties to agree by rovision or clause of this Security Instrument or the Note conflicts with agreement by contract. In the event that any p Applicable Law, such conflict shall not affect other provisions of this Security Instrument or the Note which can be given effect without he conflicting provision. rds of the masculine gender shall mean and include corresponding neuter As used in this Security Instrument: (a) wo words or words of he feminine gender; (b) words in the singular shall mean and include the plural and vice versa; and (c) the word "may" gives sole discretion without any obligation to take any action. 17. Borrower's Copy. Borrower shall be given one copy of the Note and of this Security Instrument. 18. Transfer of the Property or a Beneficial Interest in Borrower. b t used this to e those 18, 18. interests Property means any legal or beneficial interest in the Property, including, transferred in a bond for deed, contract for deed, installment sales contract or escrow agreement, the intent of which is the transfer of title by Borrower at a future date to a purchaser. If all or any part of the Property ovc any isInterest sold or trans ferred) fern ed) Property without Lender's transferred prior(or wr written Borrower consent, Lenderatnnr y person and a beneficial interest in this option shall not e require immediate payment in full of all sums secured by his Security Instrument. However, exercised by Lender if such exercise is prohibited by Applicable Law. If Lender exercises this option, the notice shall 1 give noa accordance with Section t15 within notice shall which Borrower provide t pay all not less than 30 days from the date given sums secured by this Securitmutt d b this Security Instrument w h ut further note oor demand on Borrower, period, Lender may invoke any remedies pe Y 19. Borrower's Right of this Security Instrumcent discontinued at any time priortto the earliest of: (a) five days before he right to have enforcement livable sale of the Property pursuant to ion of Borrower's contained rightt to reinstate; or (c) entry not a judgments enforcing this pSecurity Law )night specify for the to Lender all sums which then would be due under this Security Instrument. Those conditions are that Borrower: (a) pays Instrument and the Note as if no acceleration Secu Security Instrument cures includinge but not lanimit deto,� easontable attorneys' fees) pays all expenses incurred in enforcing property inspection and valuation Instrumentti and (d) takes takes such action as Lender may reasonably equire t interest assure hat Lender's and rights under this Security this interest in the Property and rights under this edecurity may require that Borrower pay�uch reinstatement suinseand expenses Security Instrument, shall cont unchanged. wer order; (c) certified check, bank check, in one or more of the following forms, as selected by Lender: (a) cash; ( Y treasurer's check or st cashier's check, or entity; v or (d) Electronic eFundsTransfer. Upon reinstatementtsbyyBorrower, this Security federal agency, instrumentality Form 3028 3/99 NEBRASKA — Single Family— Fannie Mae /Freddie Mac UNIFORM INSTRUMENT (page 5 of7 pages) 9/1712000