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20��07509 12. Borrower Not Released; Forbearance By Lender Not a Waiver. Extension of the time for payment or modification of amortization of the sums secured by this Security Instrument granted by Lender to Borrower or any Successor in Interest of Bonower shall not operate to release the liability of Bonower or any Successors in Interest of Bonower. Lender shall not be required to commence procee�ings against any Suc,cessor in Interest of Borrower or to refuse to extend time for payment or otherwise modify amortization of the sums s�ured by this S�urity Instrument by reason of any demand made by the original Borrower or any Successors in Interest of Bonower. 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. Borrower covenants and agrees that Borro�ver's obligations and liability shall be joint and several. However, any Bonower who co-signs this S�urity 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 Prop�rry,under the terms of this Securiiy �nstrument; (b) is not personally obligated to pay the sums se�urefl by this Security Instrument; and (c) agr�s that Lender and any other Bonower can agr� to extend, 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 Bonower who assumes Bonower's obligations under this Security Instivment in writing, and is approved by Lender, shall obtain all of Borrower's rights and benefits under this S�urity Instrument. Bonower shall not be released from Bortower's obligations and liability under this Security Instrument unless Lender agrees to such release in writing. The covenants and agreements of this Security Instniment shall bind (except as provided in Section 20) and benefit the successors and assigns of Lender. 7 4. Loan Charges. Lender may charge Bonower fees for services performed in connection with Bonower's default, for the purgose of protecting Lender's interest in the Properiy and rights under this Security Instrument, inciuding, but not limited to, attomeys' fees, properiy inspection and valuation fces. In regazd to any other f�s, the absence of express authority in this S�urity Instrument to charge a sp�ific fee to Borrower shall not he construed as a prohibition on the charging of such f�. Lender may not charge fces that are 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 collected in connection with the Loan exceed the per�ittefl limits, then: (a) any such loan charge shall be reduced by the amount n�essary to reduce the c�ar�e to the gernutter� limit; and (b) any sums already collectefl from Bonower which exccerled permitted iimits will be refunded to Borrower. Lender may choose to make this refund by reducing the }�rincipal owe� ��r �e Note or by a�ci�g a dire�t pa� to Borrower. If a refimd re�uces principal, the reduction will be � as a parciafl without a�y �repayment charge (whether or not a prepayment charg� is p�ovaded for under �e Nc�ie). Borrower's aoceptance of any such refund made by direct payment to Borrovuer �vill con�e a waiver of any rig�t of action Bonower might have azising out of such overcharge. 15. Wotir;e,s. Ail noti� giv�n by Bonower or �nder in connection with this Se�urity Ins �*►��* must be in �vriting. Any notic� to �rrower in connection with this Security Instrument shall be deemed to have b�n given to Borrower when mailefl by first class mail or when actually delivered to Borrower's notice address if sent by other means. Notice to any one Borrower shall constitute notice to all Bonowers unless Applicable Law expressly r�uir� otherwiss. The notice address shall be the Property Address unless Bonower has NEBRASKA-Single Famtly-Fannie MaelFreddie Mac UNIFORM INSTRUMENT Form 3028 1/01 VMP � VMP6iNE) (1705) Wokers Kluwer Financlal Servicas Page 11 of 17 , �, . " � � : �