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��15��7�4 If the Lvan � subject ta a law which�ets maximum �oan charges, and �at lar� is finaliy interpreted sv that the interest or vther laan charges �oilected or #a be c�i�ec�cd. in cvnrYect�an with the Loan exceed the permitt�ed limiL�, then: (a) any such loan charge sh�ll be reduced by the amnunt necessary ta reduce �e cha.rge ta t�e permitted timit; an� (b) any sums a�ready cvl�ected from Barrawer which ex�eeded permitt�ed limits w�l� be refunded ta Bvrrvwer. Lend�r may ch�ose ta make this refund by reducing the principal vwed u.nder the N�te ar by mal�ng a di�eect payment t�a Barrawer. If a refund reduces princip�l, the reduction will be treated as a partial prepayment with�ut any prepayment charge (whether vr nvt a p�payment ch�urge is pro�ided fvr �ler the Nvt��. Borrower's a�cept�an�e �f any suGh refund made by d�re�t payment ta Borrower wiil c�n.stitute a wai�er af any right of a�t�vn Borrvwer m�ght ha�e arising vut�f such avercharge. 15. Not iCes. All n�tices given by Barrower or Lender in cannectian with this 5ecurity Ir��rwment must be in writing. Any no�ce t� Bornawer�n connectian with t�us Se�urity Instru�ment shall be deemed�a ha�e been g��en to Borrower wh�n mailed by �rst cla�s mail nr when�tuai�y deli�ered ta Barrawer�s no�ce address if sent by ather mean5. Nvtice ta an� �ne B�rmwer shall �onstitu�e nvti�e t� a�� Bnrrawers un�e�s Applicable Ilaw expressly requires vfherwise. The natice address shall be �he Property Addre55 L�I��55 Bvrrower has d�signated � su�titu�e notice address by notiee ta Lender. B�rrower sha�l promptly nvtify Lender uf Borrower's change af addre�s. If Lender Specifies a prncedv.re for reparting Barrower�s change �f address, �en Borrawer sha�i vnly repart a change of address thraugh that specified procedure. Ther+e n�y be or�y one designated n��ice address un�der�u5 Security Lns�ument at any one time. Any n�t��e �o Lender shall be given by deli�ering it�r by mai�ing i�b� first class m�u� �a Lender's address stated here�n u.r�ess Lender ha� designated another address by not�ce tv Bvrrower. Any notice in �vnne�tion with #his Security Ir�t�vment shall not be deerned�a ha�e been gi�en to Lender unt�I act�xal�y re�ei�ed�y Lender. If any nntice �quired by this Security Ins�.vment is alsa required u�d.er Appli�able Law, the Applicabie Law requirem�nt will s��isfy the carrespanding requirement und�r this 5ecuri� I�nstr�umen�. 1 S. G�verning Law; Se�era#�ility; Rules of Construction. This Security Instru�ment shali be gvverned by federa� law and the �aw af the jurisdic�on in which �he Property �s loc�ted. �►�1 rights and obligatinns cantained in this �ecurity Ins�ument are su�ject ta any requiremen� and lirru�ations uf Applicab�e Law. App�icable Law might explicitly or impl�citly allvw the �ar�ies tu agree by contrac�vr it nught be si�ent, but � su�h siience shall not be canstrued as a prohibit�an against agreement by cvn�act In the e�ent f�at any pro�i�ion or clause af th�is S�curit� Instiv.ment or the Nnte cvnflict� with Appxicable Law, such conflict shall nat affect v#her pro��sivns nf this Secur�ty Ins�unent ar the Nn#�e which can be gi�en effe�t without the con�li�ting pro�isiaa As used in this S��urity Ins�vment� �a� w�rd.s of�h.e masculine gender shall mean and include c�mespvnding neuter wvrds or v�� of the ferninine gender; �b) w�rds in the 5ingular shall mean and include the plural and vice�ersa; and�c} the wvrd"may"gi�es svle discretivn wi#hout any vbligation to take any activn. 17. B�rrow er'� C�py. Bormwer sha�� be gi�en or�e cop�vf the N�te and of this Security Ir�trument 1$. Transfer of th� �operty or a Beneficial Interest in Borrower. As used in this Sec�ion 1S, "Int�erest in the Pmperty" means any legal or benef�cial interest in the Prvpeity, in�lud.ing, but not lirni�ed tv, #hvse beneficial interests �ansferred in a bvnd for deed, con�act far d�ed, insta}�ment sa�es ennfr�a�t vr escrow agreemen� the int�nt of which is �e�ansfer�f title by BorrovYer at a future da�e tn a purchaser. If ai� or any pa�t nf the Property�r any Interest ir�the Pmpe�ty is s�ld nr fr�nsferred(vr if Borrower is nnt� natural persvn and a beneficial interest in B�rnawer is s�ld vr �ferred) w�thuut Lender's priar writ�en consen�, Lender may reqwire immediate payment in fult of al� sums secured by thi.s Security Ins�ent However, this op�ion shall nvt be exercised by Lender if s�h exercise is prohibi�ed by Appl��ab�e Law. QQ#i 24�49'�45 Cit�tt�c 3.2.91.15 V3 N�SKA-Singie Family-Fanr�e I��elFreddie MaC UN�FORM INSTRUMENT WITH MEFiS Form 3Q28 1lDy V�AAp� YMP6A{Nq�13D2),OQ Wotlers Kluwer Frmncial Services Page i 2 v#y 7