Laserfiche WebLink
this Security Instrument .Borrower vhall not be released front Borrower's obligations and liability under this Security <br />Instrument unless Lender agrees to such release in writing. The covenants and agreements of this Se urity Instrumcnt shall <br />bind (except as provided in Section 20) and benefit the successors and assigns of Lender. <br />14. Loan Charges. Lender may charge Borrower fees for services performed in connection with Borrower's tL:fantt, <br />for the purpose of proterning Lender's interest in to Property and rights under this Security Instrument, including, btu not <br />limited to, attorneys' fees, property inspeetiou and valuation fees. En regard to any other fees, the absence. of express authority <br />in this Security instrument to charge a specific fee totem shall not be constteed ns n prnhihition on the charging of such <br />fee, Len let may not charge fees (hut nu a ezxpi essly prohibited by this Security Instrument or by Applicable Law. <br />If the Loan is subject to a law which sets Inaelmutn loan charges, and that law is finally interpreted so that the interest <br />or other loan charges collected or to be colActed in connection with the Loan exceed the permitted limits, than: (a) any such <br />Wen charge shall be reduced by the amount necessary to reduce the charge to the pennitted limit; and (b) any sums already <br />collected from Borrower which exceeded permitted [units will be refunded to Borrower. Lender may choose to make this <br />refund by reducing tlx: principal owed under the Note or by making a direct payment to Borrower. if a refund reduces <br />principal, the reduction will be treated u a partial prepayment without any prepayment charge (whether Or not a prepayment <br />chargo is provided For under the Note), Borrower's acceptance of any such refund made by direct pnytnent to Borrower will <br />constitute a waiver of any right of action Borrower might have arising out of such ovetvharge. <br />15, Noticcx, All nntioes given by Borrower or Lender in connection with Ibis Security Instrument trurst be in writing. <br />Any notice to Borrower in connectioli with this Security Instruument shall be stened to have been given to Borrower when <br />mailed by first etas mail or when actually delivered to Borrower's notice address if sent by other mains. Notice to any one <br />Borrower shall constitute notice to all borrowers unless Applicable Law expressly requires otherwise. The notice address <br />shall tpe the Property Address unless Borrower has designated a substitute rintice address' by notice to Lender. Borrower shall <br />promptly notify Lender of Borrower's change of address. If Lender specifies a procedure for reporting Borrower's change of <br />address. then :'Borrower shall only report a change of address through that specified procedure. There may be only one <br />designated notice address under this Security Instrument at any one lime. Any notice to Lender shall be given by delivering it <br />or by mailing it by first class mail to Lender's address stated herein unless Lender has designated another address by notice to <br />Borrower. Any notice in connection with this Security Instrument shall not be deemed to have been given to Lender until <br />actually received by Lender. If any notice required by this Security Instrument is also required under Applicable Law, the <br />Applicable Law requirement will satisfy the corresponding requin;n ent under this Security Instrument_ <br />16. C.nverning taw; Severabiltty; Rules of Construction. This Security Instrument .shall bo governed by federal Lew <br />and the law of the jurisdiction in which the, Property is located. All rights end obiignrion.s contained in this Scestrity <br />Instrument are subject to any requirements and liruitatious of Applicable Law. Applicable Law aright explicitly or implicitly <br />allow the parties to agree by +contract or it migtat be silent, bur such silenee shall not be construed as a p t hihition against <br />agreement by contract. In the event diet any provision or ciaursc of this Security Instrument or the Note conflicts with <br />Applicable Law, such contlict shall not affect other provisions of this Security Instrument or the Note which can be given <br />effect without the coraBictlug provision. <br />As used in this Security Instrument: (a) words of the masculine gender shall mean and include corresponding neuter <br />words or weals of the feminine gender; (b) words in the singular shall nmcan and include the plural and vice versa; and (c) the <br />word "may" gives sole discretion without any obligation to take any action. <br />17. Borrower's Copy. _Borrower shall be given one copy of the Note and of this Security Instrument. <br />18. Transfer of the Property or a Beneficial lsferegt in Borrower. As used in his Section 18, "Interest in for <br />Property" means any legal or beneficial interest in the Property, including, but not limited to, those beneficial interests <br />iransferted in a bond for deed, exmtraet for deed, installm.ent sales contract or escrow agreement, the intent of which is the <br />transfer of title by Borrower at n future data to a purchaser. <br />If all or any part of the Property ov any nattiest in the Property is solci Or transferred (or if Borrower is not a natural <br />person and u benelicirrt interest. in Borrower is sold or transferred) without Lender's prior written Consent, Lender may <br />require immediate paytmmeru in full of all sums secured by this Security Instrutnent. However, this option shall not he <br />exercised by Lender if such exercise is prohibited by Applicsible Law. <br />If Lender exercises this option, Lender shall give Borrower notice of ace elemation. The notice shall provide a period of <br />not less than 30 days from the elite the notice is given in accordance with Section 15 within which Borrower must pay all <br />sums secured by this Security Instrument. If Borrower fails to pay there stems prior to the expiration of this period, Lender <br />may Invoice any remedies pet mitted by this Security Instrument without fur diet notice orderrxnd on Borrower. <br />7.9. Borrower's Right to reinstate After Acceleration. If Borrower meets certaia conditions, i3orrot'er shall have <br />the right to have Cnforcemcrit of hilt Security Instrument discontinued at any time prior to the curl lest of: (a) five days before <br />sale of the Property pursuant to any power of sale contained in this Security Instrument; (b) such other period as Applicable <br />Tartu 3Q''..tl r/ur <br />NT:fRASTCA . .Single Family —.I sonic Mac/Frcddic MaeDNTFORM TNsTTtUMIINT <br />ITEM atieLa train 1).. -MERS (Page 9 of 12 pages) <br />200611427 <br />201407692 <br />fir9F ATI AM rr <br />Tu Chile CHIT t -Pop- :ego -99 &3 13 nix Sian' -113 <br />