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201302590 lithe Loan is subject to a law which sets maximum loan charges, and that law is finally interpreted so that the interest or other loan charges collected or to be collected in connection with the Loan exceed the peunincil limits, then; tit)any such loan charge shall be reduced by the amount necessary to reduce the charge to the permitted limit; and (b)any sums already collected front Borrower which exceeded permitted limits will be refunded 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 be treated as a partial prepayment without any prepayment charge (whether or not a prepayment charge is provided for under the Note). Bonower's acceptance of any such refund made by direct payment to Borrower will coustihtre a waiver of any right of action Borrower ought have arising out of such overcharge. 15. Notices.All notices given by Borrower or Leader in connection with this Security Instrument must be in writing. Any notice to Borrower in connection with this Security Instrument shall be deemed to have been given to Borrower when mailed by first class mail or when acmaliv delivered to Borrower's notice address if sent by other means. Notice to any one Borrower shall consult rte notice to all Borrowers unless Applicable Law expressly requires otherwise. The notice address shall be the Property Address unless Borrower has designated a substitute notice address by notice to Lender. Borrower shall promptly notify Lender of Borrower's change of address. if Lender specifies a procedure for reporting Borrower's change of address, then Borrower shall only report a change of address through that specified procedure. There may be only one designated notice address under tins Security Instrument at any one time. Any notice to Lender shall be given by delivering it or by mailing it by first class mail to Lender's address stared herein unless Lender has designated another address by notice to Borrower. Any notice in connection with this Security Instrument shall not be deemed to have been given to Lender until actually received by Lender. It any notice required by this Security Instrument is also required under Applicable Law,the Applicable Law requirement will satisfy the corresponding requirement under this Security Instrument, 16. GoverningLaw; Severability;Rules of Construction.This Security Instrument strati be governed by federal law and the law of the jurisdiction in which the Property is located. All tights and obligations contained in this Security Instrument are subject to any requirements and limitations of Applicable Law. Applicable Law might explicitly or implicitly allow the parties to agree by contract or it might be silent. but such silence shall not be construed as a prohibition against agreement by contract. in the event that any provision or clause of this Security Instrument or the Note conflicts with Applicable Law. such conflict shall not affect other previsions of this Security Instrument or the Note which can he given effect without the conflicting plrn'isiou. AN used in this Security Instrument (a) words of the masculine gendet shall mean and include corresponding neuter words or words of the feminine gender; it))words in the singular shall mean and include the plural and vice versa;and (c)the word "may" gives sole discretion without any obligation to take any action. 17. Borrowers Copy.Borrower'shall be given one copy of the Note and of this Security Instrument. 18, Transfer of the Property or a Beneficialinterest in Borrower.As used in this Section I8, "Interest it the Property" means any legal or beneficial interest in the Property, including. but not limited to, those beneficial interests transferred in a bond for deed_contract the deed, installment sales contract or escrow agreement, the intent of which is the tanslel of title by Borrower at a finite date to a purchaser. If all or any part of the Property or any)merest in the Property is sold or transferred (or it Borrower is not a natural person and a beneficial interest in Borrower is sold or transferred)without Lender's prior written consent, Lender may require immediate payment in full of alt SUMS secured by this Security Instrument However. this option shall nor he exercised by Lender d such exercise is prohibited by Applicable Law. N_unAEKA-Sinofe ramArenr:o Ma[4Fmdo,e Mac lINIWNM INSIROMErfrWith MESS rum 30281P1 e'er a, VMP6A!NE;(11•%i CO wallas E;uwe'r'ca,<a,Senses. Page 12 ci r II111111I15111II IIIIIIl1IIIIIIIIIIIIIIIIIIIII