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2� 1 ��527 Subj ect to the provision�of Secti�n 17,any Su�cessor in Interest of Borrower�vho assumes Borrawer's ob��gations under this S�curity Instrument in writing,and�s approved by Lender, shall abtain all of �orrower's rights and benefits under this Security In�trument. Borro�ver sha11 not be re�eased from Barrower's abligations and��a�ility under this Security Instrument unless Lender agrees to such release �n�riting. The covenants and agreements of this Secur�ty Ins�rument sha11 bind(except as provided in , Section I9)and benefit the successors and assigns of Lender. 'I 3. Loan�harges.Lender ma�charge Borrativer fees for serv�ce�performed xn co�uection with�orrower�s defau�t, for the purpose of protecting Lender's interest in the Prop�rty kand right�under this Security Instrurr�ent,including,b�t nat limited to,att�rne�s'fees,property inspe��io�and valuation fees. Lender may coll�ct fe�s and charges authorized by th� �ecre�ary. L�nder may not charge fees that are expressly prvhi�ited by this Security Instrum�nt or by Applicable Law. If the Loan is subj ect�o a 1a�v�vhich sets max�mun�Ioan charges,and that Iaw is finally interpreted sQ that the interest or other loan charg�s c�llected or to be cot��cted in connection with t�e Loan exceed the permitted limits,then: (a)any such�van.�harge sha11 be reduced by the amaunt necess��to reduce the charge to the permitted�imit;and(b)any sums already collected from B�rro��r which exceeded permitted limits�vill be refunded to Borrower. L�nder ma�cho�se ta make this refund by reducing the pr�ncip�.1 owed under th�Note or by making a direct payment to Borrower. If a refund r�duces principal, the reduction wi11 be�reated as a partial prepayment with no chang�s in the due date or in the month�� payme�t amount unless the Lender agre�s in writing to those changes. Borro�er's accepta.nce of any such fe�.nd n�ade by direct payment ta Borr�tiver tivi11 constitut�a waiver af any right of act�on Borrower might have arising au�of such avercharge. 'I 4. Nvtices.Al�notices given by Borravver or Lender in connection with this SecurXty Instrument must be in writing.Any notice to Borrow�r in conne�t�on wi�h this Security In�trument sha�l be deemed�a ha�� been given to Bvrrower when mailed by first class ma�l or when actually deliv�red ta Borrower's notice address if se�.�by vther m�ans.l�ot��e�.o any one Borro�er�hall cans�it�te n�tice�o a��Borrov�ers unless Applicable Law expressly requires otherwise. The notice address sha11 be th�Property Address unless �orrower has des�gnated a substitute notice addr�ss by not�ce to Lender. Borrower sha11 promptly notify Lender of Bar�rower's chan�e of address. If Lender specifies a procedure for reporting Borrower's �hange of address,then�orrnwer sha�l only report a change of address through that specified procedure, There may be only on�designated no�ice address under th�s�ecurity Instrumen�at any one time. Any notice to Len�er shall be g�ven by delivering rt or by maili��it by first class mail ta Lender's a�ld�ress stated her�in unless Lender has designated another addres�by notice to Bart'o�ver. Any�notice in connection�vith this Security Instrument shall not be deemed to ha�e been given to Lender until actually received by Lender. If a�y notice required by this Secur�ty Instrument i�a1s�requ�.red under Applicable Lativ,the Applicable La�re�uirement wi11 satisfy the correspondin�requiremen�under this Secur��y Instrument. 'I�. Go�e�ningLaw; Se�er�ability;Rule�of Construetion.This Secur�ty Instrument sha��be govemed by f�deral Iaw and the 1aw af the�uris�iiction in whi�h the Proper�y is located. Att rights and obligations conta.ined in thrs Security�nstrument are subj ect ta any requirements and limita.tions vf Applicable Law. App�icab�e Law might explicitly or implicitly a11ow the pa.rties to agree by contrac�or i�rn�gh�b�silent, but such silence sha��n.ot be�onstrued as a proh�bi�ion against agreement by�ar�tract. In the event that an�pravision or clau�e of t�.is Security�nstrumen�or the��te conflicts with Applicable Law, such conflict shalt nat affect other provisions of this Security Instrument�r the Nate which can be given effect without the conflicting provision. FHA Deed o#Trust W�#h MERS-NE 913412Q14 Bankers Systems� VMP� VMP4N�NE}�15aB}.44 Woiters Kluwer Financial Services Page��of"f 7 q4335D�4Z393 �233 3�6 lll7