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20 ��0743� 12. Borrower Not Released; Forbear�nce By Lender Not e Waiver. Extension of the time for payment or modifica.tion of amortization of the sums secured by this Security Instrument granted by Lender to Borrower or any Successor in Interest of Borrower sha11 not operate to relea.se the liability of Bonower or any Successors in Interest of Borrower. Lender shall not be required to commence proceedings against any Successor in Interest of Borrower 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 Bonower 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 Borrower 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 end Sever�l Liability; Co-signers; Successors and Assigns Bound. Borrower covena,nts and agzees tha.t Borrower's obligations and liability shall be joint and several. However, any Borrower who co-signs this Security Instrument but does not execute the Note (a "co-signer"): (a) is co-signing this Security Instrument oniy to mortgage, grant and convey the co-signer's interest in the Progerty under the terms of this Security Instrument; (b) is not pezsonally obligated to pay the sums secured by this Security Instrument; and (c) agrees that Lender and any other Bonower can agree to extend, modify, forbear or ma.ke any accommodations with regard to the terms of this 3ecurity Instrument or the Note without the co-signer's consent. Subject to the provisions of Section 18, any 5uccessor in Interest of Borrower who assumes Borrower's obligations under this Security Instcvment in writing, and is approved by Lender, shall obta.in all of Borrower's rights and benefits under this Securiry Instrument. Borrower shall not be released from Borrower's obligations and lia.bility under this Security Instrument unless Lender agrees to such release in writing. The covenants and agreements of this Security Insirument shall bind (except as provided in Section 20) and benefit the successors and assigns of Lender. 14. Loan Charges. Lender may charge Bonower fees for services performed in connection with Borrower's default, for the purpose of protecting Lender's interest in the Progerty and rights under this Security Instnunent, including, but not limifed to, attorneys' fees, pmperty inspection and valuation fees. In regard to any other fees, the absence of express authority in this Security Instrument to charge a specific fee to Borrawer shall not be construed as a prohibition on the charging of such fee. Lender may not charge fees that are expressly prolubited by this Security Instrument or by Applicable L,aw. If 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 germitted limits, then: (a) any such loan charge sha11 be reduced by the amount necessary to reduce the charge to the permitted limit; and (b) any sums already collected from Borrower which exceeded permitted limits will be refunded to Bonrower. Lender may choose to make this refund by reducing the principal owed under the Note or by making a direct payment to Borrower. 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 wy such refund made by direct payment to Borrower will constilute a waiver of any right of action Borrower might have arising 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 shall be deemed to have been givsn to Borrower when mailed by first class mail or when actually delivered to Bonower's notice address if sent by other m�anc, 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 NEBRASKA-Sir�la Family-Fannfa Mee/Fraddia Mac UNIFORM INSTRUMENT Form 3028 1/01 V�P � VMPBWE) 19 706).00 Wolters Kluwer Finarxial Sarvicas Page 11 of 17