201504979 - Laserfiche WebLink

Browse

��15�4979 If the Laan�s su�aject ta a�avv whi�h sets ma�imum I�an cha�ges,and that law is finally interpreted s� t1�a�the inter��t ar ather�oan charges col�ect�d ar to be co��ected in�annection vvith the Loan,�xceed the p�ern�itted 1�mits,then: �a)ar�.y such loa.n charge sha,ll be reduced by the amount ne�e�sar�to reduc�the cha;rge to the�rmitted�im�t;and��)any sums al.ready co��ected from Borro�ver which ex�e��d permitt�d Iim�ts v�ri11 be refunded to Borrower. L�nder may cho�se to rr�ake th�s refund by redu�in�the pru�cipa� o�ed under th�N�te or by mak�ng a direct payment t�Barrav�rer.If a raefund reduces principa�,the redu�cti�n v�ill�e treated as a pa�tial prepayment�v�thout any prepayment ch�.rge�wheth�r�r nat a pre}�ayment�harge i��rvvided for under the�Tote).Borr��e�s acceptance of an�r su�h refund mad�by dire�t payment ta Borr+ower wil�c�r��t�tute a wai�rer�f any right�f a�ti�n Borrower might ha�e arais�ir�g �ut of su�h a�e r�har�e. '��. h�otiGes.All n�tices g�v�n�y Bvrrawer or Lender in cannect�on w�th this Securi.ty Ins�rument mu�t be�n vvriting.Ar�y r��tice to B�rrower�n��ru��tifln�vith#his Security Instrurnent sha�l be d�erned to �a��b�en given to Bonr�vver�rhen mailed by fir�t elass ma�l�r v�rhen actually deli�ere€�to Barr��er's nvtice address if sent by vther means.l�Tatice t�any one Borr��rer shail constitute not�ce t�all�arrov�ers u.�less App�ica�le Law express�y requires othervctise.The n�tic.�address shal�t�e the Property A�ldress �ur�:less Borrovver ha�d��ignat�d a subst�tute notice address by not��e to Lender.Borrow�r sha��pramptly n�tify Lender o�Barr�wer's change�f addre�s.If Lender speci�i�s a pro�dure for report�ng Borrovver's �h�ng�of address,then Bvrro�er sha�l only repvrt a�hange�f a�dress through that speci�ed procedur�. Th�re�nay be on�y one designate�n�tic�address under this Secu�it�r Instrument at a�ay one time.�ny not�ce t�Lender�h�il be given hy delivering�t or�y mailu�g it by first class rnail to Lender's address �t�d herein unless Lender has designated anather address by n�t��e to E►�n�ower.Any noti�in canne��n �v�tai t�iis��e�urit�Instrume�t sha��nvt��deemed t�ha.�e been�g�ven to Lender untii aactuall�re�ei�ved by�►�n�er.If any noti��required by this Security Instrument is also re�uired under Applicah�e Lavv,the ,�Aipplica,b�e Lav�r requirement vv��i satisfy th�corresponding r�quirem�nt under this Security Instrument. 'I G. ��v�rning Law; Sever��ility; Rules of�anstructi�n. This Security Instn�.ment sha1�be ��verned by federa��avv and the�aw of the jurisdiction in which the Pr�periy is i�cat�d.All rights and abliga�Q�S eontau�.ed in th�s Se�urit�Instrument are subje�t to any requirements and�imitat��ns af �p�a�icable I�aw.A�p�i�ah�e Law might expl��it1�or imp�i�itly a�io�v#h�parties to agr-ee b�contra�t or it might be s�l�nt,but�uch s��enee sha�.l not be canstzued as a prah�biti�n against agreement by c�ntra�ct. In�e event t�iat any pravisi�n�r��ause of this�ecurit�Instru.ment or the Note conflicts vvith Ap�licab�e Lavv,�ueh�onflx�t shall nat af�ect other provis�ons of this Security Instrument or the Note whi�h can�ae �iven effe�t vvi�hout tbe c�nf�i�ting pra�ision. As used�n t�iis S�c�rity instrument; �a}vvor�s of the masculine��nd�r sha.l�rnean and�.nclude �or�espondxn�neuter words�r w�rds vf the fem�nine gender;�b}v�ords in the singul�:r sha1�m�an and iric�ud�th��lura�and vice v�rsa;and�c�the word"may"gi�res sol�discretian v�rithout any abl�gati�n to take an�a�t��n. 'I 7. Borrv►�er's C�py. Borrvvver shalt be given�ne capy of the Note and�f th�s Security�nstrument. �I 8. Tran�f�r�f th� Pr�perty or a B�nefi�ia# �nterest in Borrawer.As us�d in this Se�t��n 1 S, "I�t��rest in th�Froperty"means any legal or b�ene�.�ia1 interest iui the Prop�rty,�ncludin�,but not lim�t�d ta,tho�e ben�ficial interests transferre�.in a bond for deed,c�ntract far deed,in�ta,l�ment sales c�ntra�t �r�scrow ag�reement,the inter�t of which is t�ie transfer�f title by B�rrovv�r at a future date to a pur�haser. HCFG-�Q59 tVE8RAS14A-Sir�gle Family-Fannie MaelFreddie Mac UMIFURM INSTRUMENT Farm 3()281101 VMP+� 08114 1N�I�r�Iduv�er Finaracia!S�rvices 2015074915.1.0.3'112-,,i207 5D1�3Y Page 12 af 1? *852174�15220*