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201�06794 12. Borrower Not Released; Forbearance By Lender Not a Waiver. Extension of the time for payment or modificarion of amortization of the sums s�ured by this Security Instrument granted by I.ender to Bonower or any Successor in Interest of Borrower shall 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 Bonower or to refuse to extend time for payment or otherwise modify 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 Lender in exercising any right or remedy including, without limitation, Lender's acceptance of payments from third persons, entities or Successors in Interest of Bonower or in amounts less than the amount then due, shall not be a waiver of or preclude the exercise of any right or remedy. 13. Joint and Several Liability; Co-signers; Successors and Assigns Bound. B�onower covenants and agr�s that Bo�rvwer's obligations and liability shall be joint and several. However, any Borrower who co-signs this Se�urity Instrument but does not execute the Note (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 Se�arity Instrument; (b) is not gersonally obligated to pay the sums secureri by this Security Instrument; and (c) agr�s that Lender and any other Borrower can agr� to elctend, modify, forbear or make any accommodations with regard to the terms of this Security Instrument or the Note without the co-signer's consent. Subject to the provisions of Section 18, any Successor in Interest of Borrower who assumes Bonower's obligarions under this S�urity Instrument in writing, and is approve� by Lender, shall obtain all of Bonower's rights and benefits under this S�urity 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 5ecurity Instrument shall bind (except as provided in Secrion 20) and benefit the successors and assigns of Lender. 14. Loan Charges. Lender may chazge Borrower f�s 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 Instrument, including, but not limited to, attomeys' fees, property inspection and valuarion f�s. In regard to any other fees, the absence of express authority in this Security Instrument to charge a sp�ific fee to Bonower shall not be wnstrued as a prohibirion on the charging of such fee. Lender ma.y not charge f�s that are expressly prohibited by this Security Instrument or by Applicable Law. If the Loan is subje�t 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 charge shall be reduced by the amount necessary to reduce the charge to the permitted limit; and (b) any sums already coll�ted from Borrower which exceedefl �ermitted limits will be refunded to Bonower. Lender may choose to make this refund by reducing the principal owefl under th� Note or by making a direct payment to Borrower. If a refund reduces principal, the reduciion will be treated as a partial prepayment without any prepayment charge (whether or not a prepayment charge is provided for under the Note). Bonower's acceptance of any such refund made by dir�t payment to Borrower will constitute a waiver of any right of action Borrower might have arising out of such overcharge. 15. Not+ces. All noricas given by Bonower or I.ender in connection with this S�urity Instrument must Ue in writing. Any notice to Borrower in coffiection with this S�urity Instrument shall be deemed to have h�n given to Bonower when mailed by first class mail or when actually delivered to Borrower's notice address if sent by other means. Norice to any one Bonower shall constitute notice to all Bonowers unless Applicable Law expressly requires otherwis�. The notice address shall be the Property Address unless Borrower has NEBRASKA-Single Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 1l01 VMP Q VMP6(NE) (1105) Wotters Kluwer Financial Services Page 11 of 17