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201602963
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Last modified
7/24/2017 1:47:01 PM
Creation date
5/13/2016 11:53:56 AM
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DEEDS
Inst Number
201602963
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2� 1 ��29�3 <br /> Subject ta the provisions of�ection 17,any Suce�ssor in Interest of Bonower wh�assumes B�rrower's <br /> ob�igations under this Security Instrument in wr�t�ng,and xs approved by Lend�r,sha11 obtain alt of <br /> Borrvwer's r�ghts and benefits under thi�Security Instrument. Borrower sha1�not be releas�d from <br /> Bono�v�r's obligat�aas and 1�ability under�his Secur�ty Instrument unless Len�ier agrees to such release <br /> in writing.The c�venants and agreements of this Security Instrument sha�l bind[except as pro�ided in <br /> �ection �9�and benefit the successors and assigns of Lender. � <br /> 'I 3, Laan�har�es.Lender may charge Borro��r fe�s for ser�ices perf�rmed in con.nection with Borrawer's <br /> defau�t,for the p�rpose af protecting Lender's interes�in the Property and rights und�r this Security <br /> Instrument, inc�uding,but nat��mited to,att�rneys�fees,property inspection and va��ation fees. Lender <br /> may collect fees and charges authorized by the Secr�tary.Lender may no�charge fee�that are expressly <br /> prohibited by this Security Instrument ar by Applicab�e Law. <br /> If the Loan is subj ect to a 1aw which sets maximum loan charges,and that�a�is f na11�interpreted so <br /> that the�nterest or other loan charges ca�lected ar to be eallected in connectian with the Loan exceed the <br /> permitted limits,then: (a}a�y such�oan.charge sha��be reduced by the amount necessary to reduce the <br /> charge to the permitted limit;and(b}any sums already co��e�ted from Borrower which ex�eeded <br /> permitted�imits�i11 be refunded ta Banawer. Lender may choose to make this refun.d by reducing the <br /> principal owed under the Note or by making a di�ect payment to Borravsr�r.If a refund reduces principal, <br /> the reduc�tian wi11 be treated as a partial prepayment with no changes in the due date or in the monthty <br /> payment amaunt un�ess the L�nder agrees in writing to those changes.$�i7�Wer'5 aCC�ptanCe�f any SUCh <br /> refund mad�b�r direct payrnent to Barro�v�r w�I�c�nstitute a�aiver of an�ri.ght of action Borrawer <br /> might ha�e arising aut of such a�ercharge. <br /> �I4. Notiees.A11 n►o�ice�given by Borrawer or Lender rn cannec�ion tivith this Secur�ty Instrurnent must be in <br /> writing.Any notice to Borro�v�r in cannection with this Security Instrument sha11 be deemed to ha�e <br /> been given to Borrower when mailed by fust class mail or wh�n actua�ly de�ivered ta B�rrower's n�tice <br /> address if sent by other means.N�tice to any�ae Borrower shal�c�nstit�te not�c�to a11 Borro�vers un�ess <br /> Applicable La�v expressly requires otherwise. The nQtice address sha11 be the Property Address unless <br /> Borrower has designated a substitute not�ce address by notice to L�nder.$orrower shall promptiy <br /> nvtify Lender�f Borrower's change af address.If Lender specifies a procedure for reporting Borrawer's <br /> change of address,then�orr�wer�ha11 only report a change of address through that specif ed procedure. <br /> 'Th�re may be only one des�gnated not�ce address under this Securi�y Instrument at any one tin�e.Any <br /> no�rce ta Lender sha�I be given by deii�ering i�or by mailing�t by f�rst class mail to Lender's address <br /> stat�d herein unless L�nder has desi�nated another address by notice to Borrower.Any nnt�ce�n <br /> connec�ion�vith th�s��curity Instrument�ha11 not be deemed to have been given to Lender until actually <br /> recei�ed by Lender. If any not�c�required b�this Security Instrument is a�sv r�quired under Applicabie <br /> Law,the App���ab1e Law requ�rement wi11 satrsfy the corresponding requirement under th�s S��urity <br /> Instrumen�. <br /> 15. Go�ern i n g La�v; Se�era�i I�ty;Ru les of Canstrueti o n.Th�s S�curity Instrument sha1�be governed by <br /> federal lau�aad the law of the jurisdiction in�uhich the F'roperty is 1o�ated.A11 rights and obligations <br /> contained�n this Secur�ty Instrum�nt are subj ect to any requirements and limitations of Applicable Law. <br /> Applicable Law might explici��y or implicitl�a�la�v the parties t�agree by contract or it might be s��ent, <br /> but such silence sha11 not be construed as a prahibition aga�nst agreem�nt by contract.In the ev�nt that <br /> any pro�ision or c�ause of�h�s Security Ins�rument or the Note conflicts with Appl��able Law, such <br /> conflict sha11 not affect other pro�isions of this 5ecur��y Ir�strument or the Note which can be given effect <br /> without th�conflicting provisian. <br /> FHA Deed of Trvst Vll�th MERS-NE �l34l2414 <br /> Bankers SystemsT+� VMP� VMP4N[NE}�154fi�.d4 <br /> Vllofters Kluwer Finan�ial 5ervices Page�1 of�? <br /> q�33552S88fi5 4233 33Q 1117 <br />
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