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�0110894� 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 Bonower or any Successor in Interest of Borrower shall not operate to release 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 Instnunent by reason of any demand made by the original Borrower 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, entiries 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 and Several Liability; Co-signers; Successors and Assigns Bound. Bonower covenants and agrees that Bonower'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 S�urity Instrument only to mortgage, grant and convey the co-signer's interest in the Property under the terms of tlus Security Instrument; (b) is not personally obligated to pay the sums se�ured by this S�urity Insm�ment; and (c) agr�s that Lender and any other Bonower can agr� to extend, modify, forbear or make any accommodarions with regard to the terms of this Security Instivment or the Note without the co-signer's consent. Subje,ct to the provisions of Secrion 18, any Successor in Interest of Bonower who assumes �nower's obligations under this Security Instivment in writing, and is approved by Lender, shall obtain all of Bonower's rights and benefits under this Security Instrument. Borrower shall not be released from Borrower's obligarions and liability under this Security Insmiment unless Lender agrees to such release in writing. The covenants and agreements of this Security Instniment sha11 bind (except as provided in Section 20) and benefit the successors and assigns of Lender. 14. Loan Charges. Lender may charge �rrower f�s for services performefl in conn�rion with �rrower's default, for the purpose of protecting Lender's interest in the Property and rights under this S�uriry Instrument, including, but not limited to, attorneys' fees, property inspe,ction and valuation fees. In regazd to any other fees, the absence of express authority in this Se�urity Instrument to charge a specific fee to Borrower shall not he construed as a prohibition on the chazging of such f�. L.ender may not charge fces that are expressly prohibited by this Security Insm�ment or by Applicable Law. ' If the Loan is subject to a law which sets maximum loan chazges, and that law is finally interpreted so that the interest or other loan charges coll�ted or to be colle.cted in conn�tion with the Loan exceed the permitted limits, then: (a) any such loan charge shall be reduced by the amount ne,cessary to reduce the chazge to the permitte� limit; and (b) any sums already coll�ted from Bonower which exc,eeded permittefl limits will be refunde� to Bonower. Lender may choose to make this refund by reducing the principal o�ved ugder t�e Note or by maldng a dir�t payment to Borrower. If a refund reduces principal, the rerluc�ion will be treated as a partial prepayment without any prepayment chazge (whether or not a prepayment chazge is provide� for under the Note). Borrower's acceptance of any such refund made by dir�t payment to �orrower will constitute a waiver of any right of action Bonower might have arising out of such overcharge. 15. Notices. All notices given by Bonower or Lender in conn�tion with this S�urity Instrument must be in writing. Any norice to Bonower in conn�tion with this Security Instrument shall be deemed to have b�n given to Bonower when mailed by first class mail or when actually delivered to Bonower's notice address if sent by other means. Notice to any one Bonower shall constitute notice 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 UNIFORM INSTRUMENT VMP � Wokera Kluwer Financial Services Fmm 3028 1/01 VMP6(NE) (1105) Page 11 of 17 �, v 'r