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20Q~D42s3 N~aoze.aw.,mi Successor in Interest of Borcower 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 modify amortization of the sums secured by this Security Instrument by reason of any demand made by the original Borcower or any Successors in Interest of $orcvwer. Any forbearance by Lender In exercising any right or remedy including, without limitation, Lender's acceptance of payments from third persons, 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 covenants and agrees that Barcower'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 this 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 lerrru of this Security Instrument or the Note without the co-signer's consent. Subject to the provisions of Section 18, any Successor in Interest of Borrower who assumes Borrower's obligations under this Security Instrument in writing, and is approved by Lender, shall obtain all of Borrower's rights and benefits under this Security Inswment. Borcower 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 Instrument shall bind (except as provided in Section 20) and benefit the successors and assigns of Lender. 14. Loan Charges. Lender may charge Borcower fees for services performed in connection with Borrower's default, for the purpose of protecting Lender's interest in the Property and rights under this Security Instrument, including, but not limited to, attorneys' fees, property inspection and valuation fees. In regard to any other fees, the absence of express authority in this Security Instrument to charge a specific fee to Borcower shall not be construed as a prohibition an the charging of such fee. Lender may not charge fees that are expressly prohibited 6y 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 6e collexed In connexion with the Loan exceed the permitted limits, then: (a) any such loan charge shall be reduced by the amount necessary to reduce the charge to the permitted limit; and (b) any sums already collected from Borrower which exceeded permitted limits will be refunded to Borrower. Lender may choose to make this refund by reducing the prhrdpal owed under the Note or by making a direct payment to Borrower. If a refund reduces principal, the reduction will be treated as a partial prepayment without any prepayment charge (whether or not a prepayment charge is provided for under the Note). Borrower's acceptance of any such refund made by direct payment to Borcower will constitute 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 connexion with this Security Instrument must 6e in writing. Any notice to Borrower in connexion with thLs Security Instrument shall 6e deemed to have been given iv Borrower when mailed by first class mall or when actually delivered to Bvrcower's notice address if sent by other means. Notice to any one Borrower shall constitute notice to all Borrowers unless Applicable Law expressly requires otherwise. The notice address shall be the Property Address unless Borrower has designated a subsNlule notice address by notice to Lender. Borrower shall promptly notify Lender of Borrower's change of address. if Lender specifies a procedure for reporting Borrower's change of address, then Borcower shall only report a change of address through that specified procedure. There may be only one designated notice address under this Security Instrument at any one time. Any notice to Lender shall be given by delivering it or by mailing It 6y fvst class mail to Lender's address stated herein unless Lender has designated another address by notice to Borrower. Any nadce in connection with this Security Instrument shalt not be deemed to have been given to Lender until axually received by Lender. if any notice required by this Security Instrument is also required under Applicable Law, the Applicable Law requirement wlll satisfy the corcesponding requirement under this Security Instrument. 16. Governing Law; Severabilky; Rules of Constrocdon. This Security Instrument shall be governed by federal law and the law of the jurisdiction In which the Property is located. All rights and obligations contained in this Security Instrument are subject to any requirements and Ilmitatians 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 6y contract. in the event that any provkian or clause of this Security Instrument or the Note conflicts with Applicable Law, such conflict shall not affect other provisions of this Security Instrument or the Note which can 6e 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; (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 tv take any action. 17. Borrower's Copy. Borrower shall 6e given one copy of the Nole and of this Security Instrument. 18. Transfer of the Property or a Benefldal Interest in Borrower. As used in this Sexton 18, "Interest in the Praperiy" means any legal or beneficial interest in the Property, including, but not limited tv, those 6eneflclal interests tranferred in a bond far deed, contract for deed, installment sales contract or escrow agreement, the intent of which is the tratufer of title by Borrower at a future date to a purchaser. If all or any part of the Property or any Interest in the Property is sold or transferred (or if Borcower is not a natural person and a benefctal interact in Borrower is sold or transferred) without Lender's prior written consent, Lender may require immediate payment In full of all sums secured by this Security Instrument. However, this option shall not be exercised 6y Lender if such exercLse is prohibited by AppBcable Law. If Lender exercises this option, Lender shall glue Borcower notice of acceleration. The notice shall provide a period of not less than 30 days from the date the notice is given in accordance with Section 15 within which Borcower NEBRASKA--Single Family--Fannie MaelFreddle Mac UNIFORM INSTRUMENT ODCMiQIC~ 800•a18d362 Form 3028 1(01 Paga 7 of 11 www.abcrosglc.com