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201605790
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Last modified
7/24/2017 3:19:52 PM
Creation date
9/6/2016 9:42:53 AM
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DEEDS
Inst Number
201605790
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2� 1 ��579� <br /> Subject to the provisions of�ect�on �7,any Successor in Interes��f Borrower wha assumes Borrower's <br /> obl��ations under this Security Instrum�nt in writing,and is a.pFro�ed by Le�der,shall�btain all of <br /> Borrawer's rights and benefits under th�s Security Instrument. �orr�w�r shall not be released from <br /> Borrawer's obligations and liability under this Security Instrument unless Le�der agrees to such release <br /> in writing.The covenants and agreements of this Secur��r�nstrument sha11 bind(except as pro�ided in <br /> Section 19�and b�n�fit the successors and assigns of Lender. <br /> 'I 3. Loan Charges.Lender may charge Borr�wer fees for ser�ices perf�rmed in cvnn�ction with Borrower's <br /> default,for the purpo�e af protec�ing Lend�r's int�r�st in the Property and rights under this Seeurity <br /> Instrument, �ne�ud�n�,but not limited ta,at�Qrneys'fees,propert}�inspection aad valuation fees. Lender <br /> ma.y col�ect fees and charges authori�ed by�he Secretary. Lender may not charge fees that are express�y <br /> pr�hib�ted by�hi�Security Instrument or by ApplXcable Law. <br /> If the Laan is subject to a 1a�v�rhich sets maximum�oan charges,and that law is finally interpr�ted so <br /> that the in�erest ar other loan charges collected or to be collected in connection with the Loan exceed the <br /> permitted�imits,then: (a)any such�van charge sha11 be reduced by the amount necessa�y to reduce the <br /> charge to#he permit�ed li.mit;and�b}any sums a�.ready collec�ed from Borrower which exceeded <br /> permitted limits wi��be refunded to Borrower. Lender may choase ta mak�this refund by reducing the <br /> principal owed under the Note or by making a direct payment�o�orrower. If a refund reduces princ�pal, <br /> the reductian�vill be firea#ed as a partial prepayment with no changes in the due date or in the monthl� <br /> payment amount unless th�Lender agr�es in writing t�th�se changes. Borrower's acceptance of any such <br /> refund made by direct payment to Borrower wi11 constitute a waiver of any right of action Borrower <br /> might have arising out of such overcharge. <br /> 'I 4. IVoti�es.Al�notices given by Borrower or L�nder in connection vvith this Security Instrument mus�be in <br /> writing,Any notice to Borrower in connecti�n with this Se�urity�nstrument sha11 be deemed to have <br /> been given to Borrawer when marled by first class ma��or�vhen actually delivered to�orrawer's notiee <br /> address if sen�by other means.N�tice to any one Bvrrower shall cons�itute notiee to a11 F3orrowers unless <br /> Applicable Law expressly requires other�vise. The notice a.ddress shall be the Pr�perty Address unless <br /> Borro�ver has desig�ated a�ubstitute no�ice address by natice to Lender. Borrower sha11 promptly <br /> notify Lender of B�rrower's change of addres�. If Lender specifies a pr�cedure for reporting Borrower's <br /> c�ange of address,then Borrv�er shall�n�y report a change of address thraugh that specifi�d procedure. <br /> 'There may be anly one d�signa�ed natice address under this Security InStrument at any one time.Any <br /> notice to Lender shal�be given�y delivering it or by mailing it by first c�ass mait to Lender's address <br /> stated herein unless L�nder has designated another address by notic�to Borrower, Any notice in <br /> connectian with this�ecurity Instrument shall not be deemed to have�een given�v Lender until actual�y <br /> received by Lender. If any notice required by this S�Gurit�Instrument is also requir�d under Appticable <br /> Law,th�Applicable L�w requirement wi11 sati�fy the correspondin�requi�ement under this Secur�ty <br /> Instrument, <br /> '15, �o►rern�ngLav�r; Se�erability;Rulesof�onstruetivn.This Security Instrument sha11 be gaverned by <br /> fed�rat�aw and the law of the jurisdiction in�hich the Prop�rty is located. A��rights and obligations <br /> conta�ned in this 5ecurity Instrument are sub�ect to any requirements and limita.tions of Applicabl�Law. <br /> Applicable Lavv might explicit��or implicitly al�ow�the parties to agree by�ontract ar��might be sil�nt, <br /> bu�such sile�ce shall not be co�strued as a prohibition against agreement by con�ract.In�he ev�nt that <br /> any provision or clause of this Security Instrument or the I�ate conflicts�vith Appl�cabte Law,such <br /> conflict shal�not affect ather provisions of this S�curity Instrument or the N�te�vhich can b�g�ven�ffect <br /> without the co�flicting provision. <br /> FHA Deed of T�ust Vllith MERS-ME 9130IZfl1� <br /> Bankers Systems� VMP� VMP4N(NE)�950�}A� <br /> Vlfoiters Kluwer Financiaf 5ervices Page 11�f 17 <br /> q�335�81G158 0233 354 1117 <br />
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