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200304601 Borrower. Lender shall not be required to commence proceedings against any Successor in Interest of Borrower or Lo refuse to extend time for payment or otherwise modify micartization of the sums secured by this Security Instrument by reason of any demand made by the original Borrower or any Successors in Interest of Borrower. Any forbearance by Leader in exercising any right or remedy including, without limitation, Lender's acceptance of payments from third permns, entities or Successors in Interest of Borrower or in amounts less than the amount then due, shall not be a waiver of or preclude the exercise of any right or remedy. 13. Joint and Several Liability; Co- signers; Successors and Assigns Bound. Borrower covcnanW and agrees that Borrower's obligations and liability shall be joint and several. However, any Borrower who cc signs this Security Instrument but does not execute the Note (a "co-signer'): (a) is cc- signing this Security Instrument only to mortgage, grant and convey the co- signer's interest in the Property under the terms of this Security Instrur ecru; (h) is net personally obligated to pay the sums secured by this Security Instmmem; and (c) agrees that lender and any other Borrower can agree to extend, modify, forbear or snake any accommodations with regard to the terms of this Security Instrument or the Now without the co-signer's consent. Subject to the provisions of Scctim 18, my Successor in Interest of Borowet who assumes Borrower's obligations under this Security Instrument in writing, and is approved by Leader, shall obtain all of Borrower's rights and benefits under this Security Instrument. Borrower shall not be released from Borrower's obligations and liability under this Security Instrument unless Lender agrees to such release in writing. The covenants and agreements of this Security Instmmenl shall bind (except as provided in Section 20) and benefit the successors and assigns of Leader. 14. Ivan Charges. Lender may charge Borrower fees for services performed in connection with Borrower's default, for the purpose of protecting Lender's interest in the Property mid rights under this Security Instrument, including, but not limited to, attorneys' fees, property inspection and valuation fees. In regard to my other fees, the absence of express authority in this Security Instrument to charge a specific fee to Borrower shall not be construed as a prohibition on the charging of such tee. Lender may not charge fees that so, expressly prohibited by this Security Instrument or by 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 or other loan charges collected or to be collected in connection with the Lean exceed the pernotled ;units, [hem: (a) my such loan charge shall be reduced by the i mumt necessary to reduce the charge to the permitted (unit; and (b) my sums already collected from Borrower which exceeded permitted limits will be refunded to borrower. Lender may choose to make this rebind by reducing the principal owed under the Note or by making a direct payment to Borrower. B a refund reduces principal, the reduction will be treated as a partial prepayment without my prepayment charge (whether or net a prepayment charge is provided for under the Note). Borrower's acceptance of any such refund made by direct payment to Borrower will constitue a waiver of any right of action Borrower might have arising out of such overcharge. 15. Notices. All notices given by Borrower or Lender in connection with this Security instrument must be in writing. Any notice to borrower in connection with this Security Instmmenl shall be deemed to have been given to Borrower when mided by fast class mail or when actually delivered to Borrower's notice address it seat by other means. Notice to my one Borewer shall constitute notice to all Borowers unless Applicable Law expressly requires otherwise. The notice address shall be the Property Address unless Borrower has designated a substitute notice address by notice to Lender. Bnrower shall promptly notify Leader of Borrower's change of address. If Lender specifies a procedure for reporting Borrower's change of address, then Borrower shall only report a change of address through that specified Procedure. Tbere may be only one designated notice address under this Security Instrument at my one tune. Any notice to Lender shall be given by delivering it or by smiling it by fast class mail to Lender's address slated herein unless Lender has designated mother address by notice to Borrower. Any notice in comeetion with this Security Instrument shall not he dermal to have been given to Lender until actually received by Lender. If any notice required by this Security Instrument is also required under Applicable Law, the Applicable Law requirement will satisfy the corresponding rcquirerssent under this Security Instrument. 16. Governing Law, Severabli ty; Rules of Construction. This Security Instrument shall he governed by federal law and the law of the jur adiction in which the Property is located. All rights and obligations contained in this Security htstrurient are subject to my requirements and limitations of Applicable Law. Applicable Law might explicitly or implicitly allow the Parties to agree by contract or it might be silent, but such silence shall not be construed as a prohibition against agreement by contract. In the evert that any provision or clause of this Security Instmanumt or the Note conflicts with Applicable Law, such conflict shall not affect other provisions of this Security Instrument or the Note which can be given effect without the conflicting provision. As used in this Security Instrument; (a) words of the masculine gender shall mean and include corresponding neuter words or words of the feminine gender; (h) words in thc singular shall] mean and include the plural and vice versa; and (e) the word "may" gives sole discretion without my obligation to take any action. 17. Borrower's Copy. Borrower shall be given one copy of the Note and of this Security Instrument. NEBRASKA— Singlc family — Farm,. 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