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201504333 iu writing. The c�venanCs and a�-eem�nts of this S�curity Insta•uinent shall bind(except as provided in Section 19) and benefit the successors and assigns of Lender. 13. LOa11 Ch1CgeS. Lender�nay charge$oirower fees for services perfonned in conn�ckion with Borrower's default, for the purpose of protecting Lender's interest in the Property a��d rights under t��is 5ecurity Instrument, including, but not liinited to, attox�neys' fees, property inspection and valuation fees. Lender may collect fees and charges authorized by the Secreta�•y, Lender inay not charge fees that are expressly proliibited by this Security Lnstruznent or by Applicable Law. If the Loan is subject to a law which sets inaxiinuin loan charges, and that law is fnally interpret�d so that tl�e interest or other loan charges collected or to be collected in connection with the Loan exceed the per�nitted limi#s, then: (a)ai�y such loan charge shall be reduced by the amount necessary to reduce the charge to tlae perznitted limit; and(b) any sums alread}�collected from BoF•rower which exceeded penni�[ed lirni�s will be refunded to Borrower. Lender inay choose to make this refund by reducing the principal owed under the Note or by inaking a direct payment to Barrower, If a refund reduces principal, the xeduction will be treated as a partial prepayinent with no changes in the due date or in the mnn�hl5� payment ainount unless the Lender agees in writing to those changes. Bozrower's acceptance of any such refund inade by direct paymei�t to Borrower will constitute a waiver oE auy right of action Borrower anight ha�e arising out o�'such overcharge. 9 4. NotiCes. All notices given by Borrower or Lender in cannection with this Security Instrtunent must be in writing. Any notice to Barrower in connection with this Seaurity Instruznent shall be deemed to have been given to Borrower when mailed by firct c3ass mail or when actually delivered to Borrower's notice addxess if sent by other tneaiis. Notice to any one Borrower shall constitute notice ta afl I3orrowers uuless �lpplicable Law expressly rec�uires otherwis�, The notice address shall be the Property Address unless Borrower has designaCed a sul�stitute notice adciress by notice to Lendar. Borrower shall promptly notify Lender of Borrower's change of address. If Lender specifies a proc�dure for repotting Borrower's change of address, then Borrowar sha11 only repart a chan�e o£address throttgh that specified procedure. There ir�ay l�e oi1[y one designnted notice address under this Security Instrument at any one time. Any notice to Lender shall be given by deli�ering it or b�mailing it Uy first class n1ai1 to Lender's adciress stated h�rein iu�less Lender has desigt�atetl az�other address by iiotice Co Borrower. Any notice in connecfion with this Security Instc-ument shall not be deemad to have bcen given to L,ender until aetually received by Lender. If any notice i�equired by this Security Tnstrument is also required under Applicable Law, tl�e Applicable Law rec�uirez�ent will satisfy the corresponding requireinent under this Security Instrument. 15. Go�erning Law; Se�erability; Rules of Construction. This Security Instrument shall be governed by federal law and the law of the jurisdiction in which the Property is located. All rights and obligatious contained in this Security Instrument are subject to any requireinents and liinitations of Applicable Law. Applicable Law inight explicitly or iinplicitly allow the parties to agree by contract or it mighl be silent, but such silence shall not be construed as a prohihitinn against agreement hy contract. Tn the event th�t any provision or clause o£this Security Instrument or the Note conflicts with ApplicaUle Law, such contlict sf�all not affect other provisions of lhis Security Instrument or the Note which can be given effect without the conf]icting provision. 6451502968 FHA�eed of Trusf-NE 913 012 0 1 4 Bankers SystemsrM VMP O VhiPAR{NE�(1502}.O1 Wollers Kluwer Financiai Services Page 11 oi in