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��1 5��748 Sul�jec��o the p7•ovisivns af 5ec�ion 17, any Successor in Interes�of Bflrrower wh�assurnes Borrvwer's obligations under this Security Instrumen�in writing, and is appr�ved by Lender, sha�l vb�ain a11 of B�rrawer's r�gh�s and l�enefits under this Security�nstrumen�. Borro�ver shall nat be released from Borrower's ob�iga�ions and liability under�his Security In.strwment unless Lender agrees�o such release in wr��ing. The covenants and agreements af this Secur�ty Instrument shal�bind�except as pravided in Sect�on 19�and benefit the successvrs and ass�gns af Lender, '�3. Lvan Charges. Lender ma�charge Barrower fees fvr services performed in cvnnectian v�ith Bnrrov�er's default, for th�purp�se of protec�ing Lender's interest�n the Pr�perty and rights under�his Security Instrumen�, i.ncludi.ng, but nat lirnited to, attorneys' fees, property inspectian and�ralua�inn fees. Lender may cfl��ec�fe�s and�harges authoriz�d by the Secre�ary. Lender may n�t�harge fees�hat are express�y prohibited by this Security Instrument or by Applica�le Lavv. If�he L�an is subject�o a law which sets ma�€imum loan�har�es, and�ha�law is finally in�erpreted so tha�the interes��r vther loan charges�olle�ted or to be��llec�ed Yn connec�ion w�th the Laan exceed�he permitted limits, then: �a�any su�h laan charge sball be reduced by the amnunt necessar�to reduce the charge�o the permitted limi�; and�b]any sums alr�ady�ollec�ed from Borrower which ex�eeded perm�tted lirnits wi11 be refunded��Borrower. Lender may choose to make this refund by reducing the principal��ved under�he Nat�vr by making a direct payment ta Borrower. If a refund reduc�s prin�ipal, the reduc�ian v`rill he treated as a part�a�prepayment with no changes in the due da�e or�n the mflnthly paymen�amoun�unless the Lender agre�s in writ�.ng t��hose changes. Borrawer's a�ceptance�f any such refund n�ade b�direct payment to Borrvvver wi��cans�itute a�vaiver�f any right vf a�tion Borrovver might ha�e arising out of such overcharge. 'l4. Noti�es. All natices given�y Borrawer�r Lender in connec�ion��th this Secur�t�Instrum�nt mus�be in writing. Any noti�e�o Borrflwer in c�nnection with th�s Se�urity Instrument sha�l be deemed t�ha�e b�en g�ven to Barrower vvh�n ma.iled hy firs��1ass mail ar v�h�n a�tually delivered�o Barrower's no�ice address if sent by o�h�r means. N�tice ta any one Borraw�r shal�constitute nati�e t�a11 Borrowers unl�ss Applicabl�La�express�y requires�therwise. The noti�e address sha��b��h�Property Address uniess Barrawer has designated a subst�tute no�ic�ad�ress b�natice to Lender. Barrov�er sha11 promp�ly n�tify Lender af Borrower's change�f address. If L�nder specifies a pr�cedure for reparting Borrower's �hange of address, �hen Barrower shall only report a�hang�of a�idress thr�ugh that specifi�d�rocedure, There may be on�y an�designa�ed not�ce address under this 5ecurity Instrumen�a�any vne ti.me. Any not�ce to L�nder shall be given by delivering it Qr by mailing it by first�lass mail�o Lender's addr�ss stated h�re�.n unless Lender bas des�gna�ed ano�her address�y notice to B�rro�er, An�noti��in c�nnectiun with this 5ecurity Instrum�nt sha�l not be deemed�o have been gi�en t�Lend�r until a�tuall�r received by Lender, If any nfl�ice required by this Security Instrument is also required under Appl�cabl� Law, th�Applica�Ie Lavv requir�m�nt vv�11 sa�isf�the corresponding requiremen�under this Security Instrumen�. ��, �av'erning L.2►w; Severability; RuCes af Constructi�n. This Security Instrument shall be g�verned by federal Ia�v and the�aw vf�he jurisdi�tinn in which the Prapert�is�oca�ed. A��righ�s and abliga�ions conta�ned in�his Se�urity Instrument are subject to an}�requir�men�s and I�mifiation�af Applicable Law. Applicable Lar�might explicitl�r or implicitly a�Iow�he parties�o agree by�antra�t�r it might be si�en�, but such silence shall not be canstrued as a prohi�i�ian against agreement by contra�t. In�h�e�ent that any prov�s�on or c�ause of this 5ecurity Ins�rument ar�he Note conflic�s�rith App�ica�1�Law, su�h conflict shall nat affe��ather pr�visions of�his Security Instrument ar�h��ot�whi�h can he given effect v�ithout the canflic�ing pro�rision. �0�5-274'[�03 '[d�0497�0��249��Z9 B 1�6 FHA�eed vf Trust With M ER5-NE 9I3412 D�E 4 Bankers 5ystemsTM VMP C� VMP4N[NE��5�6� Wolters Kluwer Fna�cial 5ervices 91�412��5�:33 PM Page�1 of'17