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201207099 If the Loan is subject[o a law which scts maximum loau charges,and that law is fivally intcrpreted so that ihe interest ar other loan charges collected or to be collected in counection with the Loan exceed the permitted limits,then: (a)any such loan charge shall be reduced by the amount necessary to reduce the chazge tA[he permitted limit and(b)any sums alrexdy collected from Borrower which exceeded permitted limits will be refunded to Borrower. Lender may choose[o make this refund by reducing the principal owed under the Note or by making a direct payment to Borrowec If a refund reduces principal,the reduction will be treated as a partial prepayment wi[hout any prepayment charge(whether or not a prepayment charge is provided for under ttte Note). Borrower's acceptance of any such refunJ made by direct payment to Bonower will constitute a waiver of any right of action Boaowcr might have arising out of such overcharge. 15. Notices.All notices given by Borrower or I.ender in connection with[his Security Instmment must be in writiug.Any notice to Bonower in connection with this Secarity Instrument shxll be deemed to have been given[o Bortower when mailed by first class mail or when actually deiivered to Borrower's notice address if sent 6y other means.Notice to auy one Boirower shall consEitute notice to all Borrowers unless Applicable Law e�tpressly requires otherwise.The notice address shall be the Property Address unless Borrower has designated a substimte notice address by notice to Lender.Borrower shall promptly notify Lendet of Borrower's change of address. If Lender speciCies a procedure for reporting Borrower's change of address,[hen Boaower shall only report a change of address[hrough that spccificd proccdurc. There may be only one designated notice address under this Security lnstrument at any one time.Any notice to Lender shall be given by delivering it or by mailing it by fust class mail to Lender's address stated herein unless Lender has designated another address by notice to Aorrower. Any notice in connection with this Security Instrument shall not be deemed to have been given to Lender until actually received by Lender.If any notice required by this Security Instrumen[is also required under Applicable Law,the Applicable Law requirement will satisfy the corresponding requirement under this Security Instrument. 16. GovemingLaw; Severability;Rulesof Construction.This Securiry Instrument shall be govemed by federal law and the law of the jurisdiction in whic6 the Property is loca[ed. All rights and obligations cuutxined in this Security Instrument are subject to any requvements and limitations of Applicable Law. Applicable Law might explicitly o�implicitly allow the parties to agree by contract or it might be silent but such silence shall not be coustrued as a prohibition against agreemeut by contract. In the event t6at any provision or clause of[his Security Instrument or the Note contlicts with Applicable Law, such contlict shall not affect other provisious of this Secwity Instrument or the Note which can be giveu effect without the contlicting provision. As used iu this Security Instrument; (a)words of the masculine gender shall mean and include corresponding neuter words or words of the feminine gender;(b)words iu the singu(ar shall meao.and include the plural and vice vetsa;and(c)the word"mxy"gives sole discietiou without any obligation to take any actioa 17. Borrower's Copy.Borrower shall be given one copy of the Note aud of this Security Instrument. 18. Transferof the Propertyor a Beneflciallnterest in Borrower.As used in this Section 18, "Interest in the Property"means any legal or beneficial interest in the Property, including,but not limited to,those beneficial interests uansferred in a bond for deed,conuact for deed,installment sales contract or escrow ageement,the intent of which is the transfer of title by Boaower at a future date to a purchaser. If all or any part of[he Proper[y or any Interest in the Property is sold or transferred(or if Borrower is not a natural person and a beneficial interest in Borsower is sold or Vansferred)withou[Lender's prior written consent,Le¢der may require immediate payment in full of all sums sewred by this Security Instrument. However,this option shall not be exercised by Lender if such exercise is prohibited by Applicable L,aw. NE6RASNASirgle Famlty-Fannle MauFmdtlie Mac UNIFORM INSTRIIMEMr WITH NERS Fwm 3D29 VO1 VMP� VMPBA(NE)(1f05J.00 Wdters Kluwer Financial5ervices Page 12 d 1T II I I II IIII I I III'll(I I I II II I II'll I I II II I I I II I I I�II qD3309764280 0233 328 1217 _�� �Z Gy- .if��