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201109342 � 12. BorrowerNot Released;ForbearanceBy LenderNot a WafveG 8xtension of the time for payment or modification of amortization of the sums secwcd by this Security Instrument graated by Leader to Borrower Ior any Successor in Interest of Borrower s6all not operate to release the liability of Borrower or any Successors in Interest of Borrower.Lender shall not be required to commence proceedings against any 5uccessor in Ipterest of Barrower or to rofuse to extend time For payooent or otherwise modify amorlization IoF the snms secwed by this Securiiy Ipstrument by reason of any demand made by the original Borrower or any 5uccessors in Iatereat of Borrower.Any for6earance by Leader in exercisiag any right or remedy including,without limitation,Lender's acceptance of payments from third persons,antities or 5uccesaore in iInterest of Borrower or ia amouats leas than the amouat ihar due,shaU not be a waivet of or pteclude the exeroise of any right or remedy. 13. Joint and Several Llability;Co•signars;Sueeessorsand AasignsBound.Borrower aovenanta and Iagees that Borrower's obligations and liability shatl be joint and several.However,ady Borrower who co-signs this Security Inslrumeat but does aot execute the Note(a"co-signer"}:(a)is co-eigning this Security Instrument only to mortgage,grant and convey the co-sigaer's interest in khe Property under the terma of this Sccurity Instewnent;(b)is not personally obligated to pay t6e sums secured by this 5ecurity Inspument;and(c)agrees that Lender and any othcr Borrower can agree to exteud,arodify,forbear or meke i any accommodations with regazd to the terma of this Secnrity Iati4rument ar thc Note without the co-signet's conscnt. Subject to the provisions of Section l8,any Successar in Inicrest of Barrower who assumea Borrowcr's Iobligations uttder thie Security Instrument in writing,and is approved by Lender,shall obtain all of Boavwer's rights and benefits under this Security Instnunent.Borrower shall not be released Gom Boaower's obligations and liability under this Security Instrument unless Lender agrees to such release in Iwriting.The covenants and agreements af this Security Instrument ahall bind(exeept as provided in Section 20)and bene6t the successors and assigns of Lender. 14. Loan Chai'ges.Leader may charge Borrower fees for services perfornted in copaectioa with Borrower's default,for ihe purpose of protecting Lender's interest in t6e Property and righte under tkis Security Instrvmeat,including,but not limited to,attorneys'fees,property inspection and valuaHon fees.In regard to , any other fees,the absence of express aut6ority in this Security Iushvment to charge a specific fee 10 Borrower shall not be construed as a prohi6ition on the charging of such fee.Leuder may pafcharge fees that are expressly prohibited by this 3ecurity Instrument or by Applicablc Law. i If the Loan is subject to a law which seta maximum loan cl�arges,and that law is finally interpreted so that I the intarest or other loan charges cotlected or to be collected ia eonnection with the Loan exccad thc permitted limits,then:(a)any such loan c6arge shall be reduced by tbe amounf necessary to reduce the charge to the permitted lirait;and(b)atty sums akeaby coUected 6nm Brnrower which exceeded permitted I timits will he refunded to Borrower.Lender may choose to make this refund by reduciag the principal owed under the Nate or by making a direct payment to Borrower.If a refund reduces principal,the reduction will he treated as a partial prepayment without any prapayment charge(whether or ttot a prepayment charge is provided for under tbe Note).Borrower's acceptance of any such refimd made by direct payment to Borrower will constitute a waiver of any right of action Bortower might have arising ont af such overcharge. 15. Notices.All notices given by Borrower or Lender in connection with this Secnrity Instnunettt must be ia writing.Any notice to Borrower in cormection with this Security Iastrument shall be deamed to have been given to Borrower when mailed by firsk class mail or when actually delivered to Botrower's notice address if ' sanl by other means.Notice to any one Borrower shall constilute notice to all Borrowers unless Applicable Law expressly requires othetwise.T6e nafice address shall be the PmpeRy Address unless Botrower has NEBRASKA-Si�gle Femdy�Fennie MedFnddi�Mac UNIFORM INSTRUMENT � f�� ' FoRn 9028 1I01 YMP� VMPB(NE)(t106)0� . WWten Khrxar Pinenciel 6�rvicea - �� . Page 11 of 17 I