201605652 - Laserfiche WebLink

Browse

2� 1 ��5�52 �ubject to�he provisions of Section �'�,any Successor in�nterest of Borrower who assumes Bvrrower's obiigations under this Security Instrument in writing,and is approved�y Lend�r, �hall obtain al�of Borrower's rights and�enefits ur�der this Security Instrum�nt, Borrow�r sha11 not be released from �orro�er's obligations and liability under�his Security In.strument unless Lender agrees to suc�release in writin�.The co�enants and agreements af this Security Instrument shall�aind�except as pro�ided in Sect�on �9}and benefit the successors and assigns of Lender. �!3. L�an�harg�s,Lender may charge Borrower fees for�er�ices performed in con.nection�rith Borrow�r's defau�t,for the purpo�e of protecting Lender's interest in�he Praperty and rights under this Security Instrument, including,but not limited to,attorne�s'fees,property inspection and valu�.tion fees, Lender may collect fees and chaarges autharized by the Secr��ary. Le�der may not charge fees that are expressly prohibited b�this Security Instrument or by Applica�le La�. If the Loan is subj ect to a law which sets maximum l�an charges,and t�.a�law is finally interpreted so that the interest or other�oan charg�s callected or t�be c��ected in connection with the Loan exceed the perm�t��d limits,then: (a)any such loan charge shall be reduced by the am�unt necessary to reduce the charge t�the permitted limit;and(b}an�sums a�ready co�lected from Borr�w�r which exc��ded permitted limits will be refunded to Borro�ver. Lender may choose to make thi�refund by r�ducing the principal otived under the Nvte�r by mal�ing a direct paymen�to Borro�ver. If a refund reduees princ�palA the reduction tivi11 be treated as a pa.rtial pr�payment with no c�.anges in the due date or in the monthly paym�nt amaunt un��ss the Lender agrees it�writing to those changes. Borrower's accepta.nc�of an�such refund made by direct payment to Borrower will constitute a waiver af any right of action Borrower might have arising out Qf such��rcharge. �I�. Nvtices.Al�notices g��ren by Borrower or Lender in eonnection�vith this Security Instrum�nt must be in writing.Any notice t�Borrower ir�connection with this Security Instrument sha11 be deemed to have been given to Borrower when mailed by fust class mail or when actual�y deli�ered to Borrawer'�notice address if sent by other means.Notice to any one Borrower shall constitute notice to a11 Borra�vers unless Agp�icable Law expressly requires otherwise.The notice address shali be the Property Address unless Bvrrawer h�s designated a subst�tute notice addre�s by notice to Lender. B�rrower sha11 prampt�y not�fy Lender of Borrower's change of address. If L�nder spec�fies a procedure for reporting Borrower's chang�of address,then Borrower sha11 only report a change of address through that specified procedure. There may be on�y one designated notice address under this Secur�ty Instrument at any one time.Any notice to Lender sha11 be gi�en by deli�ering it or by mailing it b�fust class mail to Lender's address stated herein un�ess Lender has designated another address by no��c��o Barr�wer.Any notice in connect�on with this Security Instrumen�sha11 not be deem�d ta ha�e been given to Lender until ac�ua��y received by Lender. If any notic�r�quired b��his Security Instrument is atso required under Applicabl� Law,th�Applica�le Law r�quirement�i11 sat�sfy the corresponding requirement under this��urity Instrument. '15. Govern�ngLaw; Se�erability;Rul�sof Ganstruct�on.This Security In�trument sha11 be governed by federal�aw and th� Iaw of the jurisdiction in�vhich�he Property is located.A�l righ�s and obligations conta.ined in this�ecu.rity Instrument are subj ect to any requirements and 1im�tativns of Applicable Law. Applicable Law m�ght explicitty ar imp�i�i��y allow�he par�ies to agree by contract or it might he silent, but such silence sha��not be construed as a prohibition against agreement b�cQntract.In the event�hat �ny provis�on or clause af this Security In.s�ment or the Note conflicts with Applicable Law, such conflict shal�not affect other prov�sions of this Security Instrument or th�Note whieh can be given effect wi�hout the confl�cting pravision. FHA deed afi Trust With MERS-NE 913412d14 Bankers Sy�#emsT"� VMP� VMP4N�NE}[954B).� Walters Kiuwer FFnanciai Services Page 19 of 4? q4335�76�685 �233 357 1117