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�oioo�s3o Successor in Tnterest of Borrower sh�ll 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 rnodify amortization of the sums secured by this Security Instrument by reason of any demand rnade by the ariginal Borrower or any Successors in Interest of Borrower, tlny forbearance by I,ender in exercising any right or remedy including, without limitation, I.ender's acceptance of payments from third persons, entities ar Successors in Interest of Borrower pr in amounts less than the amount then due, shall not bc a waiver of or preclude the exercise of any right or rernedy. 13. Joint and Several Liability; Co-signers; Successors and Assigns Bound. Borrower cpvenants and agrees that Borrower's obligations and liability shall be joint and several. However, any Borrower wha co-signs this Security Instrument but does not execute the Note (a "co-signer"): (a) is co-signing this 5ecurity Instrument only to rnortgage, grant and convey the casigner'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 I,ender and any other Bonower can agree to extend, modify, forbear or make any accommodations with regard to the terms of this Se�urity Instrument or the Note without the ca-signer's consent. Subject ta 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 5ecurity Instrument. Borrower shall not be released frorn Borrower's obligations and liability under this Security Instnunent unless Lender agrees to such release in writing. The cov�nants 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 Barrower 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 Instrurnent, including, but not limited to, attorneys' fees, property inspection and valuation fees. In regazd to any 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 fee. Lender may not charge fees that are expressly prohibited by this Security Instrument or by Applicable Law. If the Loan is subject to a law which scts 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 pernutted limits, then: (a) any such lnan charge shall be reduced by the amount necessary to reduce the charge to the pernutted limit; and (b) any sums already collected from Borrower which exceeded pernutted limits will be refunded to Borrower. Lender may choose to make this refund by reducing the principal 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 prepayrnent 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 Borrower will canstitute a waiver of any right of action Borrower rnight have arising out of such overcharge. 15. Notices. All notices given by Borrower or Lender in connectian with this Security Instrument must be in writing. Any notice to Borrower in connection with this Security Instrument shall be deeme� to have been given Co Borrower when nnailed by first class mail or when actually delivered ta Borrower's notice address if sent by other means. Notice ta any one Borrower shall constitute notice to all Borrowers unless Applicable Law expressly requires otherwise. The natice address shall be the Property Address unless Borrower 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 Borrpwer's change of address, then Borrower shall anly 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 by first class mail to Lender's address stated herein unless Lender has designated another address by notice to Borrawer. Any notice in connection with this Security 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 required under Applicable Law, the Applicable Law r�quirement will satisfy the correspnnding requirement under this Security InsCrument. 16. Governing Law; Severability; Rules oP 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 any requirements and lirnitations of Applicable Law. Applicable Law rnight explicitly or impliCitly allow the parties to agree by contract or it might be silent, but such silence shall not be construed as a prahibition against agreement by contract. In the event that any provision or clause of this Security Instrument or the Note conflicts with Applicable Law, such conflict shall nat 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 tl�e masculine gender shall mean and include corresponding neuter words ar 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. Borrawer's Copy. Borrower shall be given one capy of the Note and af this Security Instrument. 1$. 'I�ansfer of the Property ar a Bene�icial Interest in Borrower. As used in this Section 18, "Interest in the Froperty" means any legal or beneficial interest in the Property, including, but not limited to, those beneficial interests transferred in a bond for deed, contract for dced, installment sales contract or escrow agreement, the intent of which is the transfer af 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 Borrower is not a natural person and a beneficial interest in Borrower is sold or transferred) without I.ender's prior written consent, Lender may require imrnediate payment in full of all 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, I,ender 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 Section 15 within which Borrower �r NEBRASKA--Single Family--Fannis Mae/Freddie Mac UNIFORM INSTRUMENT DocMaqic � eoa-bas-�ss� Form 3028 1/p1 Page 7 of 11 www.docmagic.cam Ne367.8.doe.wnl