Laserfiche WebLink
��15�17�� <br /> If�he Loan is subj ec�ta a�av�r v�rhich s��s maximum lflan charges, and tha��aw is finally interpre�ed sa that <br /> �he�n�erest or other �oan charg��callec�ed or ta be co��ec�ed in�tinnectian wi�h�he Loan exceed the <br /> permitted�imi�s, �hen: �a) any such�oan charge sha�X be reduced by the amount necessary to reduce�he <br /> �harge ta the p�rmi�t�d �imit; and�b� any surns a�ready collected from Borr�wer whi�h exGeeded perrn.�tted <br /> ��mits w�l�b�refund�d to Barrov�rer. Lend�r may choose to make�h�s refund by reducing th�prin��pa.� �v�ed <br /> unde�the Nate ar�by rnaking a�irec�payment to Borrower. �f a refund reduces principal, the reduc��on vrrill <br /> b�treated as a partial prepayment withvut any pr�payment charge�vvhe�her ar na�a prepayment cha�-ge is <br /> prav�ded for under the No�e�. Barrawer's ac�eptance of any such refund made by direct payrnent�o <br /> Barrower wi11 constitut�a v�aiver of any right af actian$orrower might have aris�ng out of such a�ercharge. <br /> 1�. N ot�ces. A�l not��es���en by B�rrt�v�rer�r Lender in connec�ion wi�h this Securx�y Znstrument must be in <br /> vwriting. Any nat�ce to Borra�ver in cannection with�his S�curity�nstrum�n�shall be de�med��ha�re been <br /> g�ven to Borrawer�rh�n mailed by f rst class ma.i� or when a�tually del��ered to Borrov�er's noti�e address <br /> if serit by ather means. Notice to any one Bnrr��v�r shall con��itute natice�o a��Borrowers unless <br /> Applicable Lavtr expressly requrr�s o�herw�s�. The notice address shali be the Pr�perty Address unless <br /> Borr�v►rer has designated a substitute natice addres5 by na�ice�o Lender. Borrower shall prampt�y notify <br /> Lender of Barrower's change of address. If L�nder sp�cifies a prQcedure far repor��ng B�rrow�r's change <br /> af addr�ss, then�3orrower sha�l oniy report a change of a.ddress through tha�specified pr�cedure. <br /> There may be only�ne d�signated notice address under this Se�urity�nstrument at any�rie��me. Any nat�ce <br /> t�Lender shal� be gi�en by de�iver��g �t or by mail�ng i�by first class ma.il�o Lender's address sta�ed herein <br /> un�ess Lender has designated another address by natice to Borrower. Any notiee�n c�nnectifln with�his <br /> Secur�ty Instrum�nt sha��na�be d�emed to have be�n given t�Lender untii actually r�ceive�by Lender. If <br /> any no�ice required by th�s Security Instrument is a�so required under App�icable Law, �he Appl�cabl�La�nr <br /> requ�remen�v�.�l satisfy the c�rrespanding requiremen�under this Security�nstrument. <br /> 1 G. C��erning Law; Se►�erab�lity; Rules af Construction. This Se�urity�nstrumen�shall be go�ern�d by <br /> fed�ral �aw and the Iaw of the jurisdictian in vrrhich the Praper�y��lacated. A11 righ�s and a��igat�ons <br /> cantained in th�s Secur�ty�ns�ru.ment are subj ect�o any requirements a�d limitatinns of App�icab�e Lavtr. <br /> Appl�cab�e Lav►�migh�expl�ci�ly or imp�ici��y ali�v�t�.e part�es to agree by contract or�t might be s�le�.�, bu� <br /> such si�ence shall not be construed as a pr�h�b�t�on aga�nst agreement by cantract. In the even�that any <br /> provision or clause of this Se�urity�n�trumerit or the N�te canf�icts wi�h App��cab�e Lavv, such canfl�ct s�ia11 <br /> no�affect other prav�sions af this Se�urity Instrurnent or the N�te wh�ch can be gi�ren effect wi.thou��he <br /> conf��cting pr�vxs��n. <br /> As u�ed�n this Secur�ty�nstrum�nt: �a)words of the rna�cul��e gender sha11 mean and��clude correspanding <br /> n�uter words or�rords of�he fem�nine gender; �b}wards in�h�s�ngu�ar sha�.�mean and inc�ude�he p�ural <br /> and vic�versa; and�c}th�wnrd "may" giv�s sole discret�an without any abli�at�on to take any ac�ion. <br /> '��'. Borro�►er's �vpy. Borrower sha�1 be given one c�py of�he Na�e and of this Secur�ty�nstrument. <br /> 18. Transfer of the Praper�y �r a Benef iciai f nterest �n Borrawer. As used in this Sect�on 18, "�nteres�in <br /> the Property" means any I�ga� or�en�ficial rnterest in the Property, including, but r�ot limited to, thas� <br /> benef�cial �nteres�s�ransferred in a bond far deed, cantract far deed, insta.�lmen�sales contract or escrflw <br /> agr�ement, the xnten�of which is th�transfer of����e by B�rr�v�rer at a future date to a purchaser. <br /> If al� ar any part of the Praperty or any�nt�rest�n the Praper�y�s sold or�ran�ferred�ar if�orr�vver�s no�a <br /> natura.�persan and a benef cia� in�erest in Borrov�rer is sold or tra�asferr�d)withflu�Lender's pri�r vvr�tten <br /> c�nsent, Lend�r may requ�re imm�dia�e payment in fu11 of al1 sums se�ured�y this Security Ins�rurnent. <br /> How�v�r, �h�� option shall not be�xercised by Lender if such ex�rcis�is proh�hz�ed by Applicable Law. <br /> 88�1585495 - 8801885495 <br /> NE6RASi{A-Sing��Family-Fannia M ae1Fr��die M ac UNIFaRM iNSTRUM ENT W�TH M ERS Farm 3�28 i 1�1 <br /> VM P� VM P6A�NE}{13�2� <br /> Walters Kluw�r Financia�5ervices p�y������� <br />