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2QiQ08858 ri�hts 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 Instrument shall bind (except as provided in 5ection 2�) and benefit the successors and assigns of Lender. 14. Loan Charges. i.ender may charge Sarrower fees for services performed in connection with Borrower's default, for the purpose of protecting [,ender's interest in the Property and rights under this Security Instrument, including, but not limited to, attorneys' fees, property inspection and valuation f'ees. In regard 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 char�e fees that are expressly prohibited by this Security instrument or by Applicable Law. lf 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 char�e shall be reduced by the amount necessary ta reduce the charge to the permitted limit; and (b) any sums already collected from Borrower which exceeded pennitted ►imits will bc refunded to Borrower. Lender may choose to make this refund by reducing the principal awed under the Note or by making a direct payment to Borrowcr. 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 Borrower will constitute a waiver of any right of action Borrower might have arising out of such overcharge. 15. Notices. All notices given by Borrower pr Lender in connection with this 5ecurity lnstrument must be in writing. Any notice to Borrower in connection with this Security Instrument shall be deemed to have been given to Borrowcr 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 Borrower has designated a substitute notice address by notice to Lender. Sorrower shall promptly notify I.,ender of Borrower's change of address. lf 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 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 Borrower. Any notice in cannection with this Security Instrument shall not be deemed to have been given to Lender until actually received by I,ender. If any notice required by this Security Instrument is also reyuired under Applicable Law, the Applicable Law requirement will satisfy the corresponding requirement under this Security Instrument. l6. Governing Law; Sever�bility; Rulcs of Construction. 'fhis Security Instrument shall bc governed by f'ederal 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 limitations of Applicable Law. Applicable Law might explicitly or implicitly allow the parties ta agree by contract or it might be silent, but such silence shall not be construed as a prohibition 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 not affect other provisions of this Security lnstrument or the Note which can be given effect without the conflicting provision. As used in this Security Instrument: (a) words of the mascu(ine 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" �;ives sole discretion without any obligation to take any action. 17. Borrower's Copy. Borrower shall be given one copy of the Note and of this Security Instrument. 18. Transfer of the Property or a Beneficial Interest in Borrower. As used in this Section 18, "Interest in thc Property" means any legal or beneficial interest in the Property, including, but not limited to, those NEBRASKA-Single Pamily-Fxnnie Mac/M7cddie M�c UNIFORM INSTRUMENT I�orm 302R 1/111 6(NE) (0811) Pagc 10 0l' 15 Initials: