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20�108218 12. Borrower Not Released; Forbearance By Lender Not � Waiver. Extension of the time for payment or modification of amortization of the sums s�ured by this 5ecurity Instrument granted by Lender to Bonower or any Successor in Interest of Bonower shall not operate to release the liability of Borrower or any Successors in Interest of Borrower. I,ender 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 Bonower. Any forbearance by Lender in exercising any right or remedy including, without limitation, Lender's acceptance of payments from third persons, entities or Suc,cessors in Interest of Borrower or in amounts less than the amount then due, shall not be a waiver of or pr�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 severai. However, any Borrower who co-signs this Security Instrument but does not execute the Note (a "co-signer"): (a) is co-signing this S�urity Instrument only to mortgage, grant and convey the co-signer's interest in the Property under the terms of this S�urity Instrument; (b) is not personally obligated to pay the sums s�ureri by this Security Instrument; and (c) agrees that Lender and any other Bonower can agree to extend, modify, forbear or make any accommodations with regazd to the terms of this S�urity Instrvmern or the Note without the co-signer's consent. Subje,ct to the provisions of Section 18, any Successor in Interest of Borrower who assumes Bonower's obligarions under this Security Instrument in writing, and is approved by Lender, shall obtain all of Borrower's rights and benefits under this Secuxity Instrument. Bonower shall not be released from Bonower's obligations and liability under this Security Instrument unless Lender agrces to such release in writing. The covenants and agreements of this 5ecurity Insm�ment shall bind (except as provided in Section 20) and benefit the successors and assigns of Lender. 14. Loan Charges. Lender may chazge Bortower fees for services performed in conn�tion with Bonower's default, for the purpose of protecting Lender's inferest in the Property and rights under this Security Instrument, including, but not limited to, attorneys' f�s, property inspection and valuation fees. In regard to any other f�s, the absence of express authority in this Security Insm�ment to charge a sp�ific f� to Bonower shall not be construed as a prohibition on the charging of such fee. Lender may not charge fces that aze expressly prohibited by this Security Instrument or by Applicable Iaw. 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 chazges 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 refluce the charge to the permitted limit; and (b) any sums already collected from Borrower wluch exceeded permitted limits will be refunded to Bonower. Lender may choose to make this refund by reducing the principal owed under the Note or by making a direct paymern to Borrower. If a refund reduc�s principal, the re3uction wiil be �xxeated as a partial prepayment without any prepayment chazge (whether or not a prepayment charge is provid�i for under the Note). Borrower's acceptance of any such refund made by direct payment to Borrower will consritute a waiver of any right of acrion Bonower might have arising out of such overchazge. 15. IVotices. All norices given by Borrower or Lender in conn�tion with this Security Instrument must be in writing. Any notice to Bonower 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 Borrower shall constitute notice to all Bonowers unless Applicable Law expressly requires otherwise. The norice address shall be the Properiy Address unless Bonower has NEBRASKA-Single Family-Fannie MaelFreddie Mac UNIFORM INSTRUMENT Form 3028 7/01 VMP � VMPB(NE) (7105) Wolters Kluwer Financial Services Page 11 of 17 h � , y � Y �. �