201601019 - Laserfiche WebLink

Browse

2� 1 �� 1 � 19 Subject to the provisians of Section 17,any Success�r�n�nterest of Borrower who assumes Bonower's obligations under th�s Se�urity Instrument in writing,and is approved by Lender,sha11 abtain a��of Borrower's r�ghts and benefits under this Security Instrument. Borr��ver shall not be released fram B�rrower's obligation.s and�iab�l�ty under this Security Instrument unless Lender agrees to such r�lease in�vriting. The covenants and agreements of this Seeurity In�trument sha11 bind(exc�pt as provided in Section 19}and benefit the successors and assigns of Lend�r. 13. Loan�harges.Lender may charge Borrower fees for�er�ices performed �n connection with Borrawer's d�fault, for the purpose of protecting Lender's interest in the Pr�perty and rights under this Security Instrument, including,but not I�mi�ed to,attarn.eys'fees�prop�rty in.spection and�aluation fees. Lender may collect fees and charges authorized by the Secre�ary. Lender may not charge fees that are expressly prohib�ted by�his Se�urity Instrument or by Applicable Law. If the Loan is subject to a�aw which sets maximum ioan charges,and that�aw is fi�ally interpre�ed so that the interest�r��her loan charges co�le�ted or�o be c�llected in connecti�n with the Loan e�ceed the permitted limits,then: (a}any such loan�harge shall be reduced by the amount necessary to reduce the charge to the permitt�d�imit;and�b)any sums already collect�d from�orrower v�hich exce��led permitted lim�ts�i11 be refunded to Borrower. Lender may ch�as�to mal�e thi�refund b}�reducing the princ�pal awed under the Note or by making a direct payment to Borrower. If a refund r�duces principa�, the reduction�vil�be treated as a partia�prepayment�v�th no chan.ges in the due date or in the manthly payment amaunt unless the Lender agrees in writing tQ thvse changes. �orrower's acceptance of any such refund made by duect payment to Barrower wi11 constitute a tivaiver of any right of action Borrower might hav�ari�ing out of such overcharge. 14. Nvtices.A11 notices gi�en by Borrower�r Lender in connection�vith�his�ecurity Instrumen�must be in writing.An.y notice to Borraw�r in connection with this Security Instrument shall be deerned to have been gi�en t�Borrawer�hen mailed by fust class mail or when actually delivered�o Borrower's notice address if sent by other means.Natice to any one Borrower�ha11 constitute notice to a�l Borro�ers unless Applicable Law expressly requires atherwise. The n�tice address shall be the Property Address unless Barrower has designated a subs�itut�n�tice address by natice to Lender. Borrawer sha�1 promptly no��fy Lend�r of Borrovver's change of address. If Lender specifies a procedure for reporting Borr�wer's change of address,then Borro`ver shai�only report a Ghange of address through that specified procedure. There may be only one designated ao��ce addr�ss under this Security Instrument at any one time.Any notice to Lender shall be given by�eiivering it or by maili�g it by fust class mail ta Lender's address stated herein ualess Lender has designated another address by notice to Borrower.An.y natice in cannecti�n with th�s Security Instrument shall not be deemed to have been gi�en t�Lender until actually received by Lender. If any r�otice required by this Secur�ty Instrument is a1s�required under Applicable Law,the Applicabte Law requirement will satisfy the correspanding requuem�nt under this Security Instrument. 15. �v�ern�ngLaw; Severability;Rulesvf�onstruction.'This Security�nstrument sha11 be governed by f�deral lavv and the law af�he jurisdiction in v�rh�ch the Property is�ocated.Al�rights and obli�a��ons contained in this Security�nstrument are subject to any requirements an�i limitat�ons of Applicable Law. Applicable Law might exp�icitly or implicitly atlow the parties to agree by contract or i�might be silentA but such si�ence shall aot be con.�trued as a prohibition against agreement by contract. In the even�that any pravisifln ar clause of th�s Security Instrument or the I�T��e conflicts�i�h App�ieable Law,suc�. coaflict shal�not affect other provisions of this Security Instrument or the Note which caa be gi�ren effect without the conflicting provis�an. FHA�eed af Trust With MERS-NE 9/34/2414 Bankers Systems�+ VMP� VMP4N�NE}(954fi�.4Q Wolters IClwv�er Finar�ciai Services Page 11 of 1? q43351357�58 4233 348 1117