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2� 15�8211 SubjeGt to the pro�isions of�ectian 17,any Successor in Interest of$orrower�vho assumes B�rrower's obligations under this Security Instrument�n writing,and is appraved by Lender, shai�obtain all of Borrower's rights and benef�ts under this Security Instrument, Borr�wer shall nat be released from �onower's ob�igations and liability under this Security Instrument unless Lender agrees to su�h release �n�vr�ting. The co�enant�and agreemen.ts of th�s Secur�ty Instrument shal�bind[except as provided in S�ct�on �9)and benefit the successvrs and as�igns of Lender. �I 3. Loa��har�es.Lender may charge�orrawer fees for se�-`rices performed in connection with Borrower's default, for the purpose af protecting Lender's interest in�he Property and right�s under this Security Ins�.rument,inG�uding,but not�imited to,a�torneys'fees,property inspect�on and valuation f��s. Lender may collec�fe�s and cha,rge�authorized by the Secreta�y. Lender may nat charge fees that ar�express�y prohibited by this Security Instrument or�ay Applicable Law. If�he Loan is subj ect ta a 1aw which sets maximum laan chaxg�s,and that�aw is finally interpreted s� that the�nterest or flther loan charg�s cot�ected or to be collected in cannectian with�he Loan exc�ed the perrnitted limits,then: �a}any such laan charge sha�l be reduced by the amount necessary ta r�d�c�the �harge�o the permitted lirriit;and(b�any sums already collect�d from Borrower which exceeded permitted lim��ts will be refunded to��rrower. Lender may choose t�mak�this refund by re�uc�ng the principal owed under the Note or by making a d�rect payment to Borrower. If a refund reduces principal, the reduction�vill be treated as a partial prepa�men�tiv�th no changes in the due da�e or in the mvnthly paymeat amount unless th�Lender agr�es in�vriting to those changes.�orrower's acceptanc�af an�such refund made by direct payment to Borrower vEr��I constitute a waiver af any right of action Barrower might have arising out af such o�r�rcharge. 'I 4. Not��es.A�l no�ices g��en by Borrower or Lender in con.nectia�with th�s Security Instrument must be in writ�ng.Any natice to Borrower rn Gannection with this Security Instrumea�sh�ll be deemed to have been gi�ren to Borrower�vhen mailed hy f�rst class mail ar tivhen actu�l�y d�livered to Borrower's natice address if sent by other means,Notice to any one F3orrower sha11 constitute natice to a11 Borro�vers unless Applicabte Law expressly requires otherw�se. The notice address sha11 be the Property Address unless $arrower has designated a substitute notice address by notice to Lender. Borrower sha11 pr�mptly notif�Lender of Borrower's change of address. If Lender specifies a procedure for reportir�g Borrow�r's change�f address,then Borrower sha1�on�y report a change of addres�thraugh that sp�cified procedure. There may be only�n.e designated na��ce address under�his Security Instrument at any one t�me. Any notice�o Lender sha�l be given by d��ivering i�or b�mailing it b�fust class mail ta Lender's address stated herein unless Le�.der has designated another address by notic�to B�rrower.Any notice�n conu�c�ion wi�h this S�curity Instrurnent shall not be deemed to have been gi�en to Lender un��1 actua�ly recei�ed by Lender. If any notice required by�h�s Security Instrument i�als�requ�.red under Applicab�e Law,the App�Ycable Law requirement wi11 satisfy the correspond�ng requirement under this Securi� �nstrument. 'I 5. Go�erningLaw; Se�erability;Rules of Gonstruction.This Security Instrument shall be govem�d by fed�ral 1aw and the 1aw of th�jurisdiction in�hich the Proper�y�s�ocated.All r�ghts and obligations contained in thi�Security Instrument are subject�a an�requ�rements and limitat�ons of Applicable La�. App�ieable Lavv might expl�cit��r impl�cit�y allaw the parties to agree by cantract or�t m�ght be s�lent, but such si�en.ce sha11 no�be construed as a prohibitivn against agreement by Goatract. �n the event that an�provision or clause af this Security Instrument�r the Note conflicts�v�th Applicable Law,such conflict sha�l not aff��t oth.er pro�isions of this S�curity In.strument or the Note which can be given effect without th�conflicting pra�isian. FHA�eed nf Trust With M E RS-hl E 9!3(112D i 4 gankers SystemsTM VMP� VMP4N�NE](9�B}.04 Vllofters K�wver Financiaf Servi�es Rage 11 of 9 7 q�33468�37�9 U233 334 1117