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201100378 12. Borrower Not Rcicased; Forbcarance By Lendcr Not a Waiver. E�tension of tt�e t+melor payn�cnc or modilication of arnorti��tion ofi the siims secured by this Security instrument granted bv Lender ko Borrower or any Succcssor inlnterest of $orrowcr shall not operata to rclease the li�Uility of $otrower or an}� Si�ccessors i�� Intcresl of Borrower. Letider shall nof be rcquired to commencc proccedin;s a�aic�st any Succcssor in lnterest of Borro`vcr or to rcfuse to cx�end time for payment or otherwise modify ainortization of the stuns secured by this Security h�stnUnent by reasoc� of any demand made try the originai Borrower or any Successors in lnterest of Borrower. .r1�iy forbearance by Lender in exercising aiiy right or remedy including, �it.hout limitr�tion Le��der's acceptance of paymcnts from third perso��s entities or Successors in Interest of Borro�vcr or ira anio�u�ts less th;�n the amo�mt then due, sl�all not be a waiver of or preclude Lhe exercise of �uiy ri�ht or remedy. 13. .ioint and Several l.iahility; Cn-signerc; Succes5ors and Assigns Bound. $orrower cnvenants and ngrccs tt�flt �3orrowcr's obligations and liability stkill be joiait and scvcral. Howevcr. any Bor[OwCC wI"to C�-Si�ils this Security Instrurnent but does not erecute the Note �a "co-sigzicr"): (a) is co-signing this 5ecurity InsCrumcnt oz�ly to moTtg��;e, �rant and convey the co-signer's interest in the Property� under the terms of this Security Inslnmient; (b) is not personally obligated to pay the siuns secured by Ihis Securily Instri.unenl; and (c) abrecs thal Len�ler and �ny ofher Ron:oN�er ctin agree to exlend, rnodify Forbear or make any accorrunodations with reg�rd to thc tertns of this Sccurity lnstrument or the Note rrrit.houi the co-signer's consent. Subject to the provisions of Seciion ik , any Succcssor in lnterest of Borrowcr who asstunes Borro�vcr's obligations under lhis Seciuity 1s�stnunent in writin�, and is appro`�cd by Lender, shall obtain all nf Borrowcr's rights �u�d bcnefiis under this Securit} Instrument. Borrower shall not be released from Bonower's abligatioris and li�bility tu�der t.l�is Security lnstru�nerit uriless Lender a�rees to sucli rclease in writing. The covenants xnd agreements of this Security Instrtunent shall bind (except as provided in Section 20) and benefit the slYCCessors and assigns of Lcnder, 14. Loan Charges. Lender mav charge Borrower fees for services perfor�ned in connecti.on wid� Borra�ver's default, for the pluposc of protectinb Lender's interesl in the Property and rights undct this Sccurity lnstn�naent, including, but not limited to, attorneys' fees, propert}� inspection a.nd ��alu<�tian fecs. In rcgard to a��y athcr fees, the abscnce of cxpress authority in this Scciuity Instr�unent to charge a specific fee to Borrower shal] nol be coi�strued as a prolu6ition on the charging of such fee. Lender may no� ch��rgc fees ttklt are expressly prol�ibited by ihis 5ecurity Tnsirument or by Applicable Law. If thc Lo�n is subject to a law which sets maximurn loan charges, and that law is tinally interpreted so that the interest or othcr laan charges collectcd or to be collccted in cot�nection with the Lotin excecd the permitled limils, thcn: (a) anv suclt lo�in charge shall bc rcduced by thc amount necessary to rcducc d�c chargc to thc pernuttcd limit; and (b) any sums alrcady collectcd froan Bvrrower whicli exceeded permitted limits will be refundcd to Borrower. Lender may choose to make this retund by reducing thc principal owed under the Note or by makirig a direct pa}�ment to Borrower. lf a refuud reduces principal, the reduction will be treated as a partial prep�yraaent without aa�y prepayment ch�rge (whether or not a prep�yment charge is provided for trndcr the Notc). Borrower's acceptancc of �ny sucl� rcfund n�ade by dircct payment to Borro��cr will constitute � waiver of any rip�t of action �3orro�ver might have arising out ol'such overcharge. 15. Nntices. All notices given by Borrawer or Lci�der in co��nection �vith this Sccurity instniment in��st bc in writing. Any noticc to Borrorver in conncction �vith tkus Sccurity Instrtuncnt shall be dccmcd io havc becn given to Borrowcr when ma.iled by tirst class mail or when actually delivered to Borrowcr's noticc address if sent by other means. Notice to any one Borro��er sh��ll constitute notice to all Borrowers unless Applicable Law expressly requires other��ise. The notice address shall be the Property Address unless l�orro��r has desi��ated a st�bstitirte notice address liy notice to Lender. Bnrrower shall promptly notify Lender of Borro�vcr's ch�nge of address. If Lcnder spccifies � procedure For rcporiing Borrower's change of address, thcn Borrower shall only report � change of address thraugh khat specified proced��rc. There may be only ane designatcd nolice address under this Security Instr��cnent at any one ti�ue. Any nouce to Lender shall be e,�'ven by delivering it or by na�iiling it by �rst class mail to Lcnder's �dciress slated hereii� i,mless Leuder has designated annther address by notice to Borrower. Any notice in co�mection with this Security Insirumcnt sha11 not be deemed to havc been given tn Lender until actually received by Lender. lf any notice required by this Security Instnunent is slso required i�tider Applicable La�v, the Applicable Lawrequirement will s��tisl`y the correspontlin�; requiremcnt under this Sccurinr Instrunient. NEBRASKA - Single Family - Fannie MaelFreddia Mac UNIFORM INSTRUMENT �� •s��`JE� (C811) Pege 9 of 14 DUS lnitiels�. Fnrm 3�28 1/01 IIIIII Illlf IIIII Iqll Illqll Illl IIII IIIII NIII Ilql Illll IIIII IIIII IIII III OODONE9667916