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2oloosog2 Successor in Interest of Borrower shall not operate to release the liability of Borrower ar 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 sutras secured by this Security Instrument by reason of any demand made by the original Borrower or any Successors in Interest of Harrower. Any forbearance by Lender in exercising any right ar xen!redy including, without limitation, Lender's acceptance of payments Exam third persons, entities ox Successors in Interest of Borrower or in amounts less than the amount then due, shall not be a waiver of or preclude the exorcise of any right or remedy. 13. Jolnt and Several Liability; Co-signers; Successors and Assigns Bound. Borrower covenants and agues 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 Nate (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 rat personally obiigated to pay the sums secured by this Security Instrument; and (c) agrees that Lender and any other Harrower can agree to extend, modify, forbear or make any accotrunodations with regard to the terms of this Security Instrument or the Note without the co-signer's consent. Subject to the provisions of Section l8, any Successor in Interest of Borrower who assumes Horrower's obligations under this Security Instrtutrent in writing, and is approved by Lender, 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 Instntnreatt shall bind (except as provided in Section 20) and benefit the successors and assigns of Lender. 1~4. Loan Charges. Lender may charge Horxower 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 rat limited ta, attorneys' fees, property inspection and valuation fees. hx regard to any other fees, tl-ie absence of express authority in this Security Instrument to charge a specific fee to Harrower shall not be construed as a prohibition on the charging of such fee. Lender may rat charge fees that are 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 Loan exceed the permitted limits, then: (a) any such loan charge shall be reduced by the amount necessary to reduce the charge to the perrtritted limit; and (b) any sums already collected froua Horxower which exceeded permitted limits will be refunded to Horrower. Lender may choose to make this refund by reducing the principal owed under the Note or by malting a direct payment to Borrower. If a refund reduces principal, the reduction will be treated as a partial prepayaarent without any prepayment charge (whether or not a prepaymett charge is provided far under the Nate). Horrower's acceptance of any such refund made by direct payment to Harrower will constitute a waiver of any right of action Borrower might have arising out of such overcharge. 15. Notices. All notices given by Borrowex ax Lender in connection with this Security Instrument must be in writing. Any notice to Borrower in connection with this Security Instrument shall be deemed to have been given to Borrower when mailed by first class mail or when actually delivered to Borrower'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 Harrower has designated a substitute 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 Borrower 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 onetime. Any notice to Lendex shall be given by delivering it or by mailing it by first class mail to Lender's address stated herein unless Lender has designated another address by notice to Harrower. Any notice in cannectio~n with this Seatuity Instrument shall not be deemed to have been given to Lender until actually received by Lender. If any notice required by this Security Instrument is also recuired under Applicable Law, the Applicable Law requirement will satisfy the corresponding requirement under this Security Instrument. 16. Governing Law; Severability; Rules of Construction. 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 arty requirements and limitations of Applicable Law. Applicable Law might explicitly nr implicitly allow the parties to agree by contract or it might be silent, but such silence shall rat be construed as a prohibition against agreement by contract. In the event that any provision ar clause of this Security Instttitment 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; (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 Capy. Borrower shall be given one copy of the Nate and of this Security Instrument. 18. Transfer of the It'roperty or a Beneficial Interest in Borrower. As used in this Section 18, "Interest in the Property" means any Iegal or beneficial interest in the Property, including, but not limited to, those beneficial interests transferred in a band far deed, contract for deed, installment sales contract ar escrow agreement, the intent of which is the transfer of title by Borrower at a future date to a purchaser. If all ox any part of the Property or any Interest in the Property is sold ox transferred (or if Horrower is not a natural parson and a beneficial interest in Borrower is sold or transferred) without Lender's prior written consent, Lender may require immediate payment in full of alI sums secured by this Security Instrument. However, this option shall not be exercised by Lender if such exercise is prohibited by Applicable Law. If Lender exercises this option, Lender shall give Borrower 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 Sectiom 15 within which Borrower NEBRASKA-5ingla Famlly-Fannin Mse/Freddie Mac UNIFORM INSTRUMENT DoCMagiC sDa-bag-f3ez Form 302$ 1101 Page 7 of 11 www-docmagic.com Heao~s.mi.~u