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201508775
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Last modified
7/21/2017 2:30:38 PM
Creation date
12/29/2015 9:29:27 AM
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DEEDS
Inst Number
201508775
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2� 15�8775 <br /> Subject to the provisians of Sec�ion 17,any Successor in Intere�t of$orro�ver who assumes Borrower's <br /> obl�gations under this Seeurity Instrument in writing,and is approved by Lender,shal�obta��.a11 of <br /> Banower's r�ghts and benefits under thxs Security Instr�arnent.Borra�vex�shali not be relea�sed from <br /> Borrc�wer's obligation5 and Iiabiiity under this Security Instrument unless Lender agrees to such release <br /> in writing. The covenants and agreem�nts of this Secu.rit3r Instrument sha11 bind(except as provided in <br /> Sectian�.9�and bene�t th�suceesso�s and assigns of Le�.der. <br /> 'I 3. Loan�harges.Lender may charge Borrotiver fees for services perfarmed in connection�vith Borro�ver's <br /> default, for the purpose�f pr�tecting Lender's interest in the Property an�i rights under this Security <br /> In�trument, including,but n�t�imited to, attorneys'fees,pr�perty inspect�on an��aluatian fees. Lender <br /> may col�ect fees and charges authorized by the Secretary. Lender may not�harge fees that are expressly <br /> prohibited b�this Security Instrument or by Applicable Law. <br /> If the Loan is subject to a 1aw which sets maximum ioan charge�,and that la�v is�naily interpreted sa <br /> that the interest or other loan charges�ollecte�or to be co�Zeeted in connect�on�r�th the Loan exceed�he <br /> permi�tted limits,then: �a�an�such Ioar�charge shall be re�u�e�l b�th�a�nount necessary to reduce the <br /> charge to the permitted limit; ar�d(b}any sums already collected from Borrower wh�ch exceeded <br /> permitted limits tivill be refuaded tc�B�no��ver. Lender may choose to make this refund by reducing the <br /> �rincipal o�red under the�Iote or b�making a direct pa�ment to$orrov�rer. If a refund redt�ces principal, <br /> the reduc�ion w���be treat�d as a partzal prepayment�vith no changes in the du�dat�ar in the monthly <br /> payment amount unless�he Lender agree�in writing ta those changes. Barrower's acceptan�e of any such <br /> refun�l made by direct payment to Borro�er�ril�canstitute a�vaiver of any right of action Barfov�er <br /> might have arising out of such overchar�e. <br /> 'I 4. Notiees.All notices given by I3orra�rer ar Lender in cannec�ion with this Security Instrument must be in <br /> writing. Any natice t�B�rrower in connection with this Security Instrument shall be deemed to have <br /> been gi��n to Borrovver�vhen mailed by first c�ass mai�ar when actually delivered�o Borro�rer's natice <br /> addre�s if sent by other means. Not�ce�o any one Borro�v�r sha1�constitute notice to ail Borrowers un�ess <br /> Appiicable La�u expressly requires othervvise. The notice address sha11 be the Proper�y Address unless <br /> Borro�ver has designated a substitute notiee address by noti�e to Lender. Borro�ver shali promptly <br /> notify Lender of Borrower's change of address. If Len.der specifies a pracedure for reporting Barro�ver's <br /> chan�e of address,then Borrower shall tinly report a change of address through that specified procedure. <br /> There rnay be only one designated notice address under this Security Instrument at ar�y one time.Any <br /> notice to Lender shall be given by deliv�ring it or b�mailing it by first class mail to Lender's address <br /> stated herein unless Lender has designated another address by notice to Borrower. Any notice in <br /> connection with this Securi�r Instrument shal�nat be de�med to have been given to Lender until actually <br /> recei�ed by Lender. If any noti�e required by this Security Instrument i�a�so required under Appiicable <br /> Law,the Applicab�e L.aw requirement�vi11 satisfy the corresponding requirement under this Security <br /> �nstrument. <br /> 'I�, �oa�rningLaw; Sev�rabi#ity;Ru�es of�v�stru�tion.T�i�Security Instrument�hali be govern�d by <br /> federal 1aw and the law o�'the jurisdictian in which the Property is lo�ated. A��rights and�bligations <br /> contained in this Security Instrument are subj ect to any re�uirem�nts and limitations af Applicabie Law. <br /> Applica�b�e Lat�might e�p�icitly or impl�citly a�low the parties�o agree by cor�tract or it m�ght be silent, <br /> but such silence shall not be constru.ed as a prah�bition against agr�ement by contract. In the e�ent that <br /> any prov�sion�r clause of th�s Securxty Instrument or the l�Tote coriflicts t�ith Applicable Law, such <br /> co�flict shall not affect other provis�ons����iis�ecu�i�y Instrument or the I�ote tivhi�h can be given�ffect <br /> without the canflicting pr��ision. <br /> FHA❑e�d of Trust With MERS-NE 9134l2414 <br /> Banke�-s 5ystemsTM VMP� VMP4N�NE](1546}.00 <br /> Wvlters Kluwer Financial Service� Page 11 af 17 <br /> qa334$���5�a 0�33 759 1117 <br />
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