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2� 1 ��5994 Subject to the prvvis�ons of Section 17,any Successor in Interest of Barro�ver who assumes Borr�wer's obligat�ons under this��curit�Instrument in�riting,�nd is appr��ed by Lender,sha�1 obtain all of B�rro�ver's rights and benefits und�r this Se�uri.ty Instrument. Borrawer sha�1 not be released from B�rrovver's obligati�n�and liability under this Se�urity Ins�rument un�es�Lender agrees to such release in writing.The cavenants and agreements af this Secu.rity Instrument sha11 bind(except as pravided in Section 1�}and�enefit the success�rs and assigns of Lender. 'I 3. Laan Gharge�.Lender may charge�flrrower fe�s f�r servxces performed�n�onnection vvi�h F3�rrower's default, for the purpose of protecting Lend�r's interest in the Pr�p�rty and rights under th�s Sec�ty �nstr�ument, rncluding,but not l�mited to,at�arne�s'fee�,pr�perty inspection and valuation fees. L�nder may c��ect fees and charge�authori�ed b}��he SeCr�ta,ry,Lender may nat charge fees that are expressly prohibited b��h�s Security Instrument ar by Applicable Law. If the Laan is subject to a 1aw which sets maximum loan charges,and�hat law is final�y interpreted so that th�interest or other loan charg�s callected or to be cottect�d in co�nectian t�r�th�h�Laan exceed the permitted�imits,then: (a}any such l�an charge shall be reduced by the amount necessary to reduce the charge t�the permitte��imit;and(b}any sums alread�collec�ed fr�m Borro�rer which exc�eded permitted limits will be refunded to�orrower. Lender may ch�ase to make this refund by reducing the principat o�ved under the Note or by mak�ng a direct payment ta$orrower. If a refund reduc�s principal, the r�duction vvi�l be treated as a partral prepayment�vith no changes in the due date vr in th�m.anthly payment amo�nt unless the Lender agrees�n�vriting to those changes. Borrower's acceptance of an}�such refund made by direct payment to Barrower wi11 cons�itu�e a wai��r of any righ�of action Borrower might have arising out of such overcharge. '14. Notices.All notices g�ven by Borr��er or L�nder in connectio�with this Security Instrument must be in writing.Any n�tice to Borro�ver in cannection�vith this�ecuri�y Instrum�n�shall be deerned to ha�e been giv�n to F3orrotiver When mailed by first class mail�r when actually�.e�ivered to Borrower's notice adc�ress if sen��y other means,Notice t�any one Borro�ver sha��con�titut�notiee t�all Borr��vers uniess Applicable Law expressly r�qu�.res othervv�se.The notice address sha11 be the Property Address un�ess Borrower has designated a substitute notice address by notice ta Lender. Borro�ver shall pramptly notify Lender af Borrower's change af address. If L�nder specifi�s a procedure for reporting Borrower's change of address,then Borrower sha��only report a chang��f address through that specified procedur�. Th�re may be on�y�ne designated noti�e address under this Security Instrument at any ane time.Any notice ta Lender shal�be given by d�li�ering it or by mailing�t by first��ass mail�o Lender's address stated here�n un�ess Lender has d�signat�d another address by no�ice to Barro�ver.Any no�ice in con�ection with this Security Instrument sha��not be de�rned to ha�e been given to Lender until actua�ly recei�ed by Lender. If any notice required by this Secur�ty Instrurnent is also required un�er Appiicable La�,the Applicable La�v r�quirement wi11 satisfy the corresponding r�quiremen�under this Securit� Ins�ment. '�5. �o�ern i n g La►w; Severab��ity;Ru Iss vf Cor�stru cti o n.Th�s SeCurity Instrum�nt shal�b�governed by federal�a�and the law�f the�urisdiction in which the Property is iocate�.All rights and flbligat�ons contained�n this Security Instrurnent are subj�ct t�any requirements and limitations af Applicable Lativ. Applicab�e Law m�ght explicitly or impl�citly ailaw�he parties to agr�e by contract or�t might b�si��nt, but such silence shai�nat be construed as a prohibitian against agreement by contract. In th�event tha� any provisi�n or clause of�his Security Instrument or the Note c�nflic#.�with Appt�cable Law, such conflict sha11 not affect other pr�visions of this Security Instrument or the No��whi�h can be given effect without the conflictin�pro�is�an. ' FHA Deeci of Trvst 11Vith M ERS-N E 913D12��4 Bankers SystemsTM� 11lUlP� VMP4NtNE}[950�}.Q� Wolters Kluwer Finar�cial Services Page 9�af 9 7 q�335�23D997 4�33 57� lll�