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201109222 1 Z. Borrower Not Released; Forbearance By Lender Not a Waiver. Extension of the time for payment or modification of arnortization of the sums secured by this Security Instrument granted by Lender to Bonower or any Successor in Interest of Bonower shall not opQrate to release the liability of Bonower or any Successors in Interest of Bonower. Lender shall not be required to commence proceedings against any Successor in Interest of Bonower or to refuse to exte�d time for payment or otherwise modify amortization of the sums secured by this Security Instrument by reason of any demand made by the original Bonower or any Successors in Interest of Borrower. Any forbeara�ce by Lender in exercising atry right or remedy including, without limitation, Lender's acceptance of payments from third persons, entities or Successors in . Interest of Borrower or in amounts less than the amoulnt 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 Borrower's obligations arid liability shall tpe joint and several. However, any Bonower who co-signs this Security Instrument but does not execut�the Note(a "co-signer"): (a) is co-signing this Security Instrument only to mortgage, grant and conv�ey 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�orrower can agree to extend, modify, forbear or ma1:e any accommodations with regard to the terms of this�ecurity Instrument or the Note without the co-signer's consent. Subject to the provisions of Section 18, any Successo�in Interest of Borrower who assumes Borrower's obligations under this Security Instrument in writing, and is approved by Lender, shall obtain a11 of Bonower's rights and benefits under this Security Instnunent. Borrower shall not be released from Bonower's obligations and liability under this Securi�ry Instrument unless Lender agrees to such release in writing. The covenants and agreements of this SecuriUy Instrument shall bind(except as provided in Section 20) and benefit the successors and assigns of Lender. 14. Loan Charges. Lender may charge Bonower 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 • Instrument, including, but not limited to, attorneys' f�es, property inspection and valuation fees. In regard to any other fees, the absence of express authority in thiS Security Instrument to charge a specific fee to Bonower shall not be construed as a prohibition on the charging of such fee. Lender may not chazge fees that are expressly prohibited by this Security Instrum�nt or by Applicable Law. If the Loan is subject to a law which sets m�imum loan charges, and that law is finally interpreted so that the interest or other loan charges collected or to be coalected in conne,ction with the Loan exceed the permitted limits, then: (a)any such loan charge shall be reduced by the amount necessary to reduce the charge to the pernutted limit; and(b) any sums already collected from Borrower which exceeded pernutted limits will be refunded to Bonower. Lender may choqse to make this refund by reducing the principal owed under the Note or by making a direct payment to Bor�ower. If a refund reduces principal, the reduction will be treated as a partial prepayment without any prepayxnent charge(whether or not a prepayment charge is provided for under the Note). Bonower's acceptance af any such refund made by direct payment to Borrower will constitute a waiver of any right of actiqn Borrower might have arising out of such overcharge. 15. Notices. All notices given by Bonower or Lender im,connection with this Security Instrument must be in writing. Any notice to Borrower in connection with tlais Security Instrument shall be deemed to have been given to Borrower when mailed by first class mail or when actually delivered to Bonower's notice address if sent by other means. Notice to any one Borrower shalh constitute notice to all Borrowers unless Applicable Law expressly requires otherwise. The notice address,shall be the Property Address unless Bonower has . NEBRASKA-S�ngie Famiiy-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 1l01 VMP U^ VMP6INE)(17051.00 Wolters Kluwer Financial Services Page 11 of 17