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2os�o7ss� 12. Borrower Not Rele.ased; 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 Borrower or any Successors in Interest of Bonower. 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 se�ureri by this S�curity Instrument by reason of any demaud 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 thisd persons, entities or Successors in Interest of Bonower or in amounts less than the amount then due, shall not be a waiver of or pre�lude the exercise of any right or remedy. 13. Joint and Several Liability; Co-signers; Successors and Assigns Bound. Bonower covenants and agr�s that Borrower's obligations and liability shall be joint and several. However, any Bonower who co-signs this Security Instrument but does not execute the Note (a "co-signer"): (a) is co-signing this S�urity Insmiment only to mortgage, grant and convey the co-signer's interest in the Prvperty under the terms of this Securiry Instrument; (b) is not personally obligated to pay the sums secured by this Security Instrument; and (c) agrces that Lender and any other Bonower can agree to extend, modify, forbear or make any accommodations with regazd to the terms of this Security Instrument or the Note without the co-signer's consent. Subj�t to the provisions of Section 18, any �ccessor in Interest of Bonower who assumes Borrower's obligations under this Security Instrument in writing, and is approved by Lender, shall obtain all of Borrower's rights and benefits under this Security Insmiment. Bonower shall not be released from Bonower's obligations and liability under this 5ecuriry Instrument unless Lender agrces to such release in writing. The covenants and agreements of this Security Instrument shall bind (except as provided in Se�tion 20) and benefit the successors and assigns of Lender. 14. Loan Charges. Lender may chazge Bonower fces for services performed in connection with Borrower's default, for the puzpose of protecting Lender's interest in the Property and riglits under this Security Instrument, including, but not limited to, attomeys' fees, progerty insp�rion and valuation fees, In regar@ to any other fees, the absence of e�cpress authority in ttus Security Instrument to charge a sp�ific fee to �nower shall not be constraed as a prohibirion on the charging of such f�. Lender may not charge fees that are e�ressly prolubited by this Security Instrument or by Applicable Law. If the Loan is subje,ct to a law which sets maximum loan charges, and that law is finally interpreted so that the interest or other loan charges callected or to be collected in connection with the Loan exc,�d the permitted limits, then: (a) any such loan charge shall be reduced by the amount ne�essary to reduce the charge to the permitted limit; and (b) any sums already collected from Borrower which exceeded permitted limits will be refunded to Borrower. Lender may choose to make this refund by reducing the principal owed under the Note or by making a direct payment to Bonower. 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 tke Note). Borrower's acceptance of any such refund made by direct payment to Borrower will constitute a waiver of any right of action Bonower might bave arising out of such overcharge. 15. Notices, All notices given by Bonower or Lender in conn�tion with this Security Instrwnent must be in writing. Any norice to Borrower in connection with this Security Instrument shall be deemed to have been given to Borrower when mailed by first class mail or when actually delivered to Bonower's norice address if sent by other means. Notice to any one Bonower shall constitute notice to all Borrowers unless Applicable Law expressly requires otherwise. The norice address shall be the Property Address unless Bonower has NEBRASKA-Single Famlly-Fannie MaelFreddle Mac UNIFORM INSTRUMENT Form 3028 7/01 VMP � VMPBiNE) (9 i06) Wolters Kluwer Financlal Services Page 11 of 17