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�O10U9022 Successor in Interest of Borrawer shall not vperate to release the liability of Borrower or any Successors in Interest of Bnrrower. Lender sha11 not b� required to coznmence proceedings against any Successor in lnterest of Borrower or to refuse to extend time for payment or otherwise nnodify amortization of the sums secured by this Security Instrument by reason of any demand made by the original Borrower or any Successors in Interest of Borrower. Any forbearance by L,ender in exercising any right or remedy including, without limitatian, l,ender's acceptance of payments from third persons, entities or Successors in Interest of Borrower or in amaunts less than th� amount then due, shall nat be a waiver of ar preclude the exercise of any right or remedy. 13. Joint �nd Several Liability; Co-signers; Successors and Assigns Bound. Borrawer covenants and agrees 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 Instrurnent; (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 ta extend, modify, forbear or make any accommodations with regard to the terms of this Security Instrument or the Note without the co-signer's conseant. Subject to the provisions of Section 18, any Successor in lnterest 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 Instrument. Barrower shall not be released from Borrower's obligations and liability under this Security Instrument unless I.ender agrees to such release in writing. The covenants and agreements of this 5ecurity Instrument shall bind (except as provided in Section 20) and benefit the successors and assigns of Lender. 14. Loan Charges. L.ender may charge Borrower fees for services performed in connection with Borrawer's default, for the purpose of protecting Lender's interest in the Property and rights under this Security Instrument, including, but not liz�nited to, attorneys' fees, prope�ty inspection and valuation fees. In regard ta any other fees, the absence of express authority in this Security Instrunnent to charge a specific fee ta Borrower shall not be construed as a prohibition on the charging of such fee. Lender may nat charge fees that are expressly prohibited by this Security Instrument or by Applicable Law. If the L.oan 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 pernutted limits, then: (a) any such loan charge shall be reduced by the amount necessary tn reduce the charge to the pernutted limit; and (b) any sums already collected from $orrower which exceeded permitted 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 Bonrower. 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 axising out of such overcharge. 15. Notices. All notices given by Borrower or Lender in connection with this Security Instrument must be in writing. Any notice to Borrower in connection with this Security Instrument sha11 be deemed to have been given ta Barrawer when mailed by first class rnail or when actually delivered to Sorrower's notice address if sent by other means. Notice to any one Borrower shall constitute notice to all Borrowers unless Applicable L.aw expressly requires otherwise. The notice address shall be the Property Address unless Borrower has designated a substitute notice address by nvtice to I.ender. Borrower shall promptly notify L.ender af Borrower's change of address. If Lender speci�es a procedure for reporting Borrower's change of address, then Borrower shall only report a change af address through that specified procedure. There may be only one designated notice address under this Security Instrurnent at any one time. Any natice to Lender shall be given by delivering it or by mailing it by first class mail to Lender's address stated herein unless L.ender has designated another address by notice to Borrower. 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 requirement will satisfy the corresponding requir�ment under this Security Instrument. 16. Governing Law; Severablllty; 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 any requirements and limitations of Applicable Law. Applicable Law might explicitly or irnplicitly allow the parties to 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 5ecurity Instrument 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 "rnay" gives 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 the Property" means any legal ar beneficial interest in the Property, including, but not limited to, those bene�cial interests transferred in a bond for deed, contract for deed, installrnent sales contract or escrow agreement, the intent of which is the transfer of title by Borrower at a future date to a purchaser, If all or any part of the Froperty or 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 immediate payment in full of all sums secured by this Security Instrument. However, this option shall not be exercised by I.ender 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 noC less than 30 days from the date the notice is given in accordance with Section 15 within which Borrower NEBRASKA--Single Family--Fannie Mae/Freddie Mac UNIFORM INSTRUM�Nt DocM�giC �r amrn� 800-sas-tss2 Form 3028 1/01 Page 7 of 1 1 www.docrosgic.com Ne3028.doLxmt