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201605398
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Last modified
7/24/2017 3:06:34 PM
Creation date
8/22/2016 8:39:33 AM
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DEEDS
Inst Number
201605398
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2� 1 ��5398 <br /> Subject to�he provisions of Section 17,any Successor in Interest of Borrower who assumes Borrower's <br /> ob�iga��ons under this Security Instrument in writing,and is appro�ed by Lender, sha11�btain all of <br /> Borrotiver'�rights and benef��s under this Security Instrument. BonrQwer sha��not be re�eased from <br /> I3orrower's obligatiQns and liabilit�under this Securit3r Instrument unless Lender agrees ta such release <br /> in writing. The covenants and agreements of this �ecurity Instrument sha11 bind��xcept as provided�n <br /> Sect�on �9}and benefit the successors and assigns of Lender. <br /> 'I 3. Laan�harges.Lender ma��harge B�rrower fees for services performed in connection with Borrovver's <br /> default, for the purpose of prot�cting Lender's in�erest in the Prop�rty and rights under this Security <br /> Ins�rument, in��uding,but not limited to,attorneys'fees,prQperty inspection and valuation fees. Lender <br /> may coilect fees and charges authorized by the Secretary. Lender may not eharge fees that are ea�pres�ly <br /> prohi�ited by this S�curity Instrum�nt or b�Applicable La�. <br /> �f the Loan is subj ect to a law which sets maximum laan charges,and that 1aw is f na11y interpreted so <br /> that the interest or other�aan charges collected or to be collected in connectiQn with th�Loan exceed the <br /> permitted limits,then: (a}any such loan charge shall be reduced by the amount necessary to reduce the <br /> charge to the permitted limit;and(b}an�sums alr�ady callected from�orrowe�vvhich exceeded <br /> permitted limits will be refunded to Borrower, Lender may choose to make this refund by reducing the <br /> principal owed under the Note or by making a direct payment ta Bonower. If a refund reduc�s principal, <br /> the reduction will be�reated as a partial prepayment�uith no changes in the due date or in the monthly <br /> payment amaunt unless the Lender agrees in writing t�those changes. B�rro�ver's acceptance of any such <br /> refund made by direct payment to Borrot�ver wi11 constitute a waiver of any right of action Borrow�r <br /> might have arising out of such o�er�harge. <br /> '14. Noti�es.Al�n�tices given by Borrower or Lender in connection with this Security Ins#rument must be in <br /> �vriting. Any not�ce to Borrower�n connection�vith this Secur�ty Instrument sha11 be deemed to ha�e <br /> been given to Borro�ver�rhen mailed by fu-st c�ass mail or wh�n actua��y delivered to Borrower's notice <br /> ad�iress if sent by other means.Notiee to any an�Barrower sha11 constitute notice to a�l Borrawer�unless <br /> A����cab�e I1aw expressly re�uu'es otl�e�ise.The noti�e address sba11 be t�e Property Address un�ess <br /> Borrov�er has des�gnated a substitute not��e addr�ss by not�ce to Lender. Barr�w�r sha11 promptly <br /> notify Lender of Borrower's change of address, If Lender sp�cifies a prncedure far reporting Borrower's <br /> change of address,then�orrower shal�only report a change of address through that specified procedure. <br /> There may be only one des�gnated notice address under this Security Instrument at any one time.Any <br /> notice to Lender sha11 be given by delivering it or by mailing it by first��ass mail ta Lender's address <br /> stated hereir�t�nless Lender has designated another address by notice to Borrower.Any notice in <br /> �onnect�on with�his Security Instrument 5ha11 not b�deemed to have been given to Lender until actually <br /> recei�ed by Lender. �f any notice required by this Security Instrument is also required und�r Applicable <br /> Law,the Applicable Law requirement wi11 satisfy the corresponding requirement under this SeGuri�y <br /> Ins�r�ument. <br /> 'I 5. Go�ernin�Law; Severability;Ruies af C�nstruction.This Security Instrument sha��be governed by <br /> federallaw and the lavv of the jurisdict�on in which the Property is located.All rights and abligations <br /> conta�ned in this Security�nstrument are subject to any requu-ements and limitat�ons of Applicable Law. <br /> Applicable Law migh�explicitly or implicitly allow the pa�rties to agree by contract or�t might be silent, <br /> hut such silence shall not be construed as a prohibit�on against agreement by contract. In the event that <br /> any provision or clause of this Security Instrument or the Nate conflicts with App��cable Law, such <br /> c�onflict sha11 not a�'fect other pro�risions of this Securit}�Instrument ar the No�e v�rhic�Gar�be given effect <br /> without the conflicting provision. <br /> FHA Deed of Trust With MERS-NE 9/34/2414 <br /> Bankers 5ystemsTM++ VMP� VMP4N(NE}(154fi}AU <br /> Wolters Kluwer Financia!Servi�es Page 14 vf 17 <br /> q43359�431Q3 0233 419 1117 <br />
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