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201603476
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Last modified
7/24/2017 2:03:26 PM
Creation date
6/6/2016 9:11:05 AM
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DEEDS
Inst Number
201603476
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2� 1 ��347� <br /> Subject to the pro�isio�s of Section 17,any Successor�n Interest of Borro�v�r wha assumes Borrower'S <br /> obligatians under this Security Instrument in writing,and is approved by Lender, sha11 obtain a�I of <br /> Borrow�r's rights an�benefits under this Security Instrument. Borrower sha�l not be released from <br /> I�artawer`s obligations and liability under this Security Instrument unl�ss�ender agrees to�uch re�ease <br /> in writing. The covenants and agr��ments of this Seeur�ty Instrument sha��bind(except as provided in <br /> Section 19)and�enefit the successors and ass�gns of Lender. <br /> . 'I 3. t�oan Charg�s.L�ender ma�charge Borrov�er fe�s�or services perfarmed in cannection wi�h$orr��ver's <br /> defaul�, for the purpose af protect�ng Lender's interest in the Propert�and rights under this Security <br /> I�s�rument,including,but n�t limited t�,attarn�ys'fees,pr�pert�inspectipn and valuation fees. �ender <br /> may callect fees and charg�s authorized by�he Secretary. Lender may n�t charge fees that ar�expressly <br /> pro�.ibited by this Security Instrument ar by Applicable�aw, <br /> If the Loan is sub�ect to a law which sets�na�imum�oan�harg�s,�nd that�aw is finally interpreted so <br /> that the interest or�ther laan charges co��ected or ta be collecte�'in�onn�ction tivith the Laan ex�eed the <br /> permitted limits,then: (a�any sueh loan�harge shal�be reduced b�the am�unt necessary to red�ce the <br /> charge to�he permitted l�m�t;and(bj any sums already eallected from Borro�rer which exceeded <br /> p�rmitted limits�vilt be refunded to Borr�v�r�r.Len�ler ma�choose to�rnake this refund by reducin.g th� <br /> p�rincipa��wed under the Note or by mak�ng a direct payment to Barrower. If a refund reduces principal, <br /> the reduction�ill be treated as a partial prepayment w�th no changes in t�e du�date or in the monthly <br /> payment amount unless the Lender agrees in�vr�ting to those changes. Borrower's acceptance of any such <br /> r�fund made by direct payment to Borrower wi11 con�titute a�aiver of any right of action Bonower <br /> might have ar�sing out af such overcharge. <br /> 'I 4. Not�ees.A11 natices given by Borra�uer or Lender in connection with this Security�nstrurr�ent must be in <br /> writing,Any notice t�Borr�wer in cvnneetion with this Secu�i�y In�trument sha11 be deemed��have <br /> beea given to Borrower when mail�d by f rst c�ass mail or when actually delivered to Bonower's notice <br /> address if sent by other mean.s.l�Iotice to an�ane Borro��r shall con�titute natice ta al1 Borrowers unless <br /> Appl�cable Law express��requ�.res otherw�se. The n�tice address�ha�l be the Property Address unless <br /> Borrower has desrgnated a substitute noti.ce addr�ss b�not�ce t�Lender.Borrav��r sha11 promptly <br /> no�ify Lender of Borrower's change of addr�ss. If Lender specifies a proce�lure for repor�in�Borrovv�r's <br /> change of addre�s,then Borro�ver shall only report a change af address t�ar�ugh that�pecified procedure. <br /> There may be or�1y ane designated no��ce address under this Security In�trumen�at any on�time.Any <br /> notice to Lender sha��be given by deli�ering it or by ma���ng it by fust class mail to Lender's address <br /> sta.ted here�n unless Lender has designated anather address by notice to Borrower.Any noti�e in <br /> con.nection with this�ecurity Instrument shall not be deerx�ed to have been given to Lender until actually <br /> recei�red by Lender. If any notice r�quired by this Security Instrument is also required under Applicable <br /> La�v,th�Appl�cable Law requirerrient wi11 satisfy the corresponding requirem�nt under th�s Security <br /> Instrument. <br /> 15. Ga��rn�ngLaw; Se�erabi�Ety;Ru�es af Construetion.Thi� Security Instrument shall be governed by <br /> federal law and th�la�v vf the jurisdiction in whic�i�he Praper�is located.A11 rights and obli�ations <br /> cantained in�hYs Security Instrument are subject�a a.ny requiremen�s and��mitations of Applicable Law. <br /> Applicable Law might explicitly or implicitly a11ow the parties to agree by contra.ct or it might be silent, <br /> but such silence shall not be construed as a prohibition against agree�ent by contract. In the e�ent that <br /> any provision or clause of this Security Instrument or the Note confliets with App��cab�e Law, such <br /> c�nflict sha�I not affe�t ather provisions of this Security Instrum�nt or the�ote which can be gi�en effect <br /> without the conflicting provision. <br /> FHA Deed af Tn�s#With MERS-NE 913412�14 <br /> Bankers 5ystemsT^� VMP� VMP4N�NE}(154fi}.DU <br /> Wafters Kluwer Financial Services Page"!�af"17 <br /> q4335?(11�473 D2�3 31�i 1117 <br />
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