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�O�i07044 12. Borrower Not Released; Forbearance By Lender Not a Waiver. Extension of the time for payment or modification of amortizarion of the sums secured by this Security Instrument granted by Lender to Borrower or any Successor in Interest of Borrower shall not operate to release the liability of Borrower or any Successors in Interest of Bonower. Lender shall not be required to commence procceflings 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 S�urity Instnunent by reason of any demand made by the original Bonower or any Successors in Interest of Bonower. Any forbearance by Lender in exercising any right or remedy including, without limitarion, Lender's acceptance of payments from third persons, entiries 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. Bonower covenants and agrees that Bonower's obligarions and liability shall be joint and several. However, any Bonower who co-signs this Securiry Instrument but does not execute the Note (a "co-signer"): (a) is co-signing tlus Security Instrument only to mortgage, grant and convey the co-signer's interest in the Property under the terms of this Security Instrument; (b) is not personally obligated to pay the sums secured by this Security Instnunent; and (c) agrees that Lender and any other Bonower can agree to extend, modify, farbear or malce any accommodations with regazd to the terms of this Security Instrument or the Note �vithout the co-signer's consent. Subject to the provisions of Section 18, any Successor in Interest of Borrower who assumes Borrower's obligations under this Security Instnunent in writing, and is approved by Lender, shall obtain all of Bonower's rights and benefits under this Security Insm�ment. Bonower shall not be released from Bonower's obligarions and liability under tlus Security Instrument unless Lender agrees to such release in writing. The covenants and agreements of ttus Security Instrument shall bind (except as provided in Section 20) and benefit the successors and assigns of I.ender. 14. Loan Charges. Lender may charge Bonower fees for services performefl in connection with Bonower's default, for the purpose of protecting I,ender's interest in the Property and rights under this Security Instrument, including, but not limited to, attomeys' fees, property inspection and valuation fees. In regard to any other fees, the absence of express authority in this S�urity Instrument to charge a spe,cific f� to Borrower shall not be construed as a prohibition on the charging of such fee. Lender may not chazge f�s that aze expressly prohibited by this Security Instrument or by Applicable Law. 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 coll�ted in conn�rion with the L.oan exceed the permitted limits, then: (a) any such loan charge shall be refluced by the amount necessary to reduce the charge to the permitted iimit; and (b) any sums already coll�ted from Borrower which exceeded permitted limits will be refunded to Borrower. L�nder may choose to make this refimd by reducing the principal owed under the Not� or by malcing a dir�t payment to Borro�+er. If a refund reduces principal, the reduction will be treated as a partiai �repayment without any prepaymern charge (whether or not a prepayment charge is provide� for under the Note). Bonower's acceptance of any such refund made by direct payment to Bonower will c�nstitute a waiver of any right of acrion Bonower might have arising out of such overcharge. 15. Notices. All norices given by Borrower or Lender in connecrion with this Security Instrument must be in writing. Any notice to Borrower in conne�tion with this Security Instrament shall be deemed to have been given to Bonower when mailed by first class mail or when actually delivered to Borrower's norice address if sent by other means. Notice to any one Borrower shall constitute norice to all Borrowers unless Applicable Law expressly requires otherwise. The notice address shall be the Property Address unless Bonower has NEBRASKA-Single Family-Fannie Mae/Freddie Mac UTI�FORM INSTRUMENT Form 3028 1/Ot yMP � VMPBINE) (1105) Wolters Kluwer Financiai Servic� Page 11 af 17