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. 2� 1 ��2134 If th�Loa�is subjec�to a l�w�vhich s�ts maximum�oan charges,and that la�is f�nally�nterpr�ted sa that the interest or o�her loaa charges collected or to be collected in c�nnection vvi�h the Loan exce�d the permitted limits,then; �a}any such loan charge shall be reduced by the amount necessary�o reduce the charge ta t�e permiited limit;and(b)any sums alread�c�1leGted from�orrower which exceeded permitted Iimits w�I1 be refunded to Borrawer. Lender may choose to make this refund by reducing the principal owed under the 1�Tote or by making a direct payment to Borrot�rer. If a r�fund r�duces principal,the reduct�o�wi11 be treated as a�artia�prepayment�i�hout any pr�payment charge(�vhether or not a prepayment charge is prov�ded fQr under the Not�}, Borrow�r's acceptance of any such refund made by direct payment to Borrower�wi11 constitute a waxver of an�right of action�arrower m�ght have arising out of such overcharge, 15. Noti�es.A11 notices g�ven�y Barr�wer vr��nder in connectron wit�thi� Security�nstrument must be Yn writing.Any notice to�orrower in connection with this Security Instrument sha11 be de�med to have been given to Barrower v�hen mailed by fu�st class mail ar when actua�ly delivered ta Borrower's notice address if sent by ath�r means.Natice to any one Borrawer sha11 c�nstitut�n�tice to a11 Barrowers un��ss Applicab�e Law expressly requue�othervv�se.Th�notice address sha��be the Property Address uniess Borrower has designated a substitu�e not�ce address by notiee t�Lender, Borr�wer shalt promptl�r n�tify Lender of Borrower's change of address. If Lender specifies a procedure for rep�rt�ng Barrow�r's change of address,�hen Borr�wer sha11 only report a chang�of address through that specified procedure. There may be only ane designated notice address under this�ecurit�Instrument at any one time.An.y natice to Lender sha11 be gi�en b�de�iver�ng it ar by mailing i�by f�rst class mail to Lender's address s�tated herein unless Lender has designated anather address by notice ta Bonovver.Any notice in connection��th this �ecurity Instrum�nt shall not be deemed to have been given to Lender untit actually recei�ed by Lender. If any notice requir�d by this Security Instrument is a1s�required under Applica�le La�v,the Applicable Law requirement wi11 satisfy the corr�sponding requir�ment under this Security Instrument. '1 G. Governin�Law; Se�erabi�ity;Rules of Construct�an.Th�s Securi�y In.strument sha�l be g��erned by federallativ�nd the law of the jurisdictian in which the Froperty is located.A1t rights and obligatians contained in this S�curity Instrument are subj ect to any requirements and limitatrons of App�icable Law. App��cable Law might expiicitly ar implicitly a�law the parties to agree by cantract or it might be silent,but such silence shall n�t be cons�rued as a pr�hibition again.st agr�ement by contract. �n�he e�ent that any provision or c�ause of thxs Security Instrument ar the Nate conflicts with App��cable Law,such conflict sha11 not affect other provisions of th�s Security Instrument ar the Note which can�e given eff�ct�vithout the conflicting provision. �.s used in this��curity Instrument: �a)words of the masculine gender sha�l mean and include�corresponding neuter words or words of the feminine gender; �b}wards in the s�n�u;ular sha11�nean and include the plura� and vice versa;and(c}the�ard"may"giv�s sole discretion without any obligation to take any action. �I?. Barrower`s�vpy.Barrower shall b�gi�en one copy of the Note and af this Security Instrument. 'I 8. Transfer of the Prop�rty or a Benefieiallr�t�rest in Borro►n►er.As used in this Section I 8� "Interes� in the Property"means any legal or laenefi�ia�inter�st in the Property, including,but not limited t��,those beneficia�interests transferred in a bond for deed,cantra�t for deed, instal�ment sales contract�or escrow agreement,the inten�of which is the transfer of tit1�by Borrower at a future dat�to a purchaser. If all or an�part af the Fro�erty or any Interest in the Property is sold or transferred(or if Borrower is not a natural person and a beneficial interest in Borr�wer is so�d ar�ransferred}w�thout Lender'�prior written consent,Lender may requir�immediate payment in fu11 of all sums secured by this Security Instrumen�. However,thxs option shall not be exerc�sed by Lender if such exercise is prohibited by Applicable Law. NE9RA51CA-Single Family-Fannie MaelFr�eddie Mac IJNIFURM�NSTRIJMENT WITH MERS Farm 3��6 7101 VMP� VMPfiA[hIE}�13�2).Q4 11Volters ICluwer Financial5ervices Page�� q033535��7�9 4233 335 1�17