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20110900G 12. BorrowerNot Released;ForbearanceBy LenderNot a Waiver �xtension of the time for payment or modi�cation of amortization of the sums secured by this Security Instrument granted by Lender to Borrower or any Succcssor in Intcrest of Borrowcr shall not operatc to rcicasc thc liability of Borrowcr 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 fhe sums secured by this Security Instntment by reason of any demand made by the original Borrower or any Successon in Inler�l of Borrower. Any forbe�arance by Lender in exenising any righl or remecly including, without limitation, Lender's acceptance of payments from third persons, entities or Successors in Interest of Borrower or in amounis less than the amount then due, shall not be a waiver of or preclude ihe exercise of any ri�ht or remedy. 13. Joint and Several Liability;Co-signers;Successorsand AssignsBound.Bonower covenants and agrccs that Borrowcr's obligations and liability shall bc joint and scvcral. �Iowcvcr, any Borrowcr who co-signs this Security Instrument but does not execute the Note (a "co-signer"): (a) is co-signing this 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 Instrument; and (c} agrees that Lender and any other Borrower can agree lu exlend, modify, forbear ur make any accoinmodations with regard to the terms of this Security Instrucnent or tlie Note without the co-signer's consent. Subject to the provisions of Section 18, any Successor in Interest of Bonower who assumes Borrower's obligations undcr this Sccurity Instrumcnt in writing, and is approvcd by Lcndcr, shall obtain all of Borrower's rights and benefits under this Security Instrument. Borrower shall not be released from Borrower's obligations and liability under this Security Instnunent unless Lender agrees to such release in writing. The covenants and agreements of this Security Insirument shall bind (except as provided in Section 20) and henefil the succ�son and a�.tiignti of Lender. 14 Loan Charges Lender may charge Borrower fees for services performed in connection with Borrower's default, for the purpose of protecting Lender's interest in the Property and rights under this Security Instnunent, including, but not limited to, attorneys' fees, property inspection and valuation fees_ In regard to any other fees, the absence of express authority in this Secwity Instnunent to charge a specific fee to Borrowcr shall not bc constnacd as a prohibition on thc charging of such fca Lcndcr may not chargc fccs 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 ihe inleresl or olher loan chargeti collectecl or lo be collecteci in connection wilh lhe Loan exceed lhe permitted limits, then: {a) any such loan charge shall be reduced by the amount necessary to reduce the charge to the permitted lirnit; and (b) any sums already collected from Borrower which exceeded perniitted limits will be refixnded to Borrower. Lender may choose to make this refund by reducing the principal owed under the Note or by making a direct payment to Borrower. If a refund reduces principal, the reduction will bc trcatcd as a partial prcpaymcnt without any prcpaymcnt chargc (whcthcr or not a prcpaymcnt chargc is providcd for undcr thc Notc). Borrowcr's acccptancc of any such rcfund madc by dircct paymcnt to Borrower will constitute a waiver of any right of action Bonower might have arising out of such overcharge. 15. Notiees. All notices given by Borrower or Lender in connection with this Security Instrument must be in writing. Any notice lo Borrower in connec:tion with this Security lnstrument shall be deemecl to have been given to Borrower when mailed 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 requires otherwise. The notice address shall be the Property Address unless Botrower has NEBRASKASingle Family-Fannie Mae/Fraddie Mac UNIFpRM INSTRUMENT Fortn 3028 1/01 VMP � VMPBME) (1105).00 Wolters Kluwer Financial Services Page 11 of 17