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2010Q8125 Successor in Interest af Borrower shall not oparate to release the liability of Borrower ar any Successors in Interest of Borrower, Lender shall not be required to oommence proceedings against any Successor in Int�rest of Borrower or to refuse to extend time for payment or otherwise modify amortization of the sums secured by this Seaurity Instrument by reason of uny demand made by the ori�inal Borrower ar any Successors in Inlerest af Borrower. 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 af $orrower or in amounts less than the amount then due, shall not be a waiver of or preclude the exercise af any right or ramedy. 13. Joint and Several Liability; Co-signer;v; $ucccssors and Assl�tts Bound. �arrawer covenants and agrees that Borrower' s obligatians and liability shall be joint and several. Hawever, any Borrower wha co-signs this Security Instrument but does not execute the Note (a "ao-signer"): (a) is co-signing this Seaurity 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 ohligated to pay the sums secured by this Security Instrument; and (c) agrees that Lender and any other Borrower can agree to extend, madify, forbear or make any accommodations with regard to the terms of this Security Instrument or the Note withaut the aa-signer's consent. Subject to the provisions of Section 18, any Successar in Interest of Borrower wha assumes $orrower's obligations under this Securiry Instrument in writing, and is appraved by Lender, shall obtain all of Borrower' s rights and benefits under this Security Instrument. Borrower shall nat be released from Borrower' s abligations 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 Seatian 20) and benefit the successora and assigns oF Lender. 14. Loan Charges. Lender may chargc Borrower fees for serviaes performad in connectian with Borrower's default, for the purpase oF protacting Lender's interest in the Property and rights under this Security Instrument, including, but not limited to, attorneys' fees, property inspectian and valuation fees. In regaxd to any other fces, the absence af express authority in this Security Instrument to charge a specific fee ta Borrower shall nnt be construed as a prohibition on the charging of such fee. I,ender may not charge fees that are expressly prohibited by this Seaurity Tnstrunnent or by Applicable Law. If the Loan is subject to a 1aw which sets maximusn 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 charga to the permitted limit; and (b) any sums already collected fram Barrower which axceeded permitted limits will be refunded to Barrower. I.,ender may chonse to make this refund by reducing the principal owed under the Note or by making a direct payment ta $arrower. IF a refund reduces principal, the reduction will be treated as a partial prepayment without any prepayment charge (whether ar not a prepayment charge is provided for under thc Note). Borrawer's acceptance of any such refund made by direct payment to Borrower will constitute a waiver of any rigtat af action Borrower might have arising out of such overcharge. 1S. Notices. All notices given by Borrower or Lender in connection with this Security Instrument must be in writing. Any notice to Borrower in c�nnectian 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 notioc address if sent by other means. Notice to any one Borr�wer shall constitute notice to all Borrowers unless Applicable Law expressly requires otherwise. The notic� address shall Ue the Properry Adciress unless Borrower has designated a substitute notice address by notice to Lender. Barrower shall promptly notify Lender of Borrower's change of address. If Lender specifies a procedure for reparting Borrower's change of address, then Barrower shall only report a change of address through that specified procedure. There may ba only one designated notice address under this Seaurity Instrument at any one time. Any notice to Lender shali 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 Borrower. Any noticc in connection with this Security Instrument shall not be deemed to have been given to Lender until aatually 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 requirement under this Sccurity Instrument. 16. Governing I.aw; Severabfl3ty; Rulee af Conatruction. This Security Instrument shall he governed by federal law and the law af the jurisdiction in which the Froperry is located. All rights and obligations contaaned in this Security Instrument are subject to any requirements and limitations of Appliaable Law. Applicable I.aw might explicitly or implicitly allow the parties ta agree by contract or it might he silent, but such silence shall not be construed as a prahibition against agreement by contract. In the evenk that any provision or alause of this Sacurity Instrument or the Note conflicts with Applicable Law, such conflict ahall not affcct other pravisions of this Security Instrument ar the Note which can be given efFect without the canf7iating provision. As used in this Security Ianstrument: (a) tr�ords of the masculine gender shall mean and include correspanding 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 discretian without any obligation ta take any action. 17. Borrower's Capy. Sorrower shall be given one copy of the Note and of this Security Instrument. 18. Transfer af the Property or a Bene�cial Interest in Barrower. As used in this Section 18, "Interest in the Property" means any legal or benefiaial interest in the Property, including, but n�t limited to, those beneficial interests transferred in a bond far deed, contract for deed, installment sales contraat ar escrow agreement, the intenC of which is the fsansfer of title by Borrower at a future date to a purchaser. If all or any part af the Property ar any Interest in the Property is sold ar transferred (or if Borrower is not a natural person and a beneficial interest in Borrower is sold or transferred) without Lender's prior written consent, Lender may require immediace payment in full af all sums secured by this Security Instrument. However, this option shall not be exercised by Lender if such exercise is prohibited by Applicable Law. Tf Lender exercises this option, Lender shall give Borrower notiae of acceleration. The notice shall provide a pariod of not less than 3� days from the date the notice is given in accordance with 8ection 15 within which Borrow�r NEBRASKA--Single Family--Fannie Mae/Freddie Mac UNIFORM INST'itUMENT DqCMaglC� 800-848-1302 Form 3028 1/01 Page 7 of 11 www.docmaglc.com Ne3028.dot.�unl