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201607892
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Last modified
7/28/2017 10:07:31 AM
Creation date
11/23/2016 11:45:32 AM
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DEEDS
Inst Number
201607892
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2� 1 ��7892 <br /> Subject to the provisions of Sectian �?',any Successar in Interest of Borrawer who assumes Borrotiver's <br /> obligations under this Security�nstrument in writing,and is approved by Lender, sha��obta�n a11 of <br /> Borrower's rights and benefit�under this Security�nstrument. Borrower sha11 not be released from <br /> Borrawer's ob�igativn.s and liahility under this Security Instrument unl�ss Lender agrees to suc�.release <br /> in writing. The cvvenants and agreements of this Securi�Instrum�nt sha11 bind(except as provided in <br /> �ection 19}and benefit the successar�and assigns of Lender. <br /> �I 3. Loan Gharges.Lender may charge Borrower fees for ser�ices performed in cannection�uith Borrower's <br /> d�fau�t, for the purpase of pr�tecting Lend�r's interes�in the Ftoperty and rights under this Security <br /> Instrument, includ�ng,but not lim�ted to,attorneys'fees,proper�y inspection and valuation fee�. Lender <br /> may collect fees and charges autharized by the Secretary. Lender may not�harge fees that are expressly <br /> prohibited by th�s Securit�Instrument or by Applicable Law. <br /> If the Loan is subject to a 1aw which sets ma�im�m loan charges,and that law is finally interpreted sa <br /> that the interest or other loan charges collec�ed or to be cflllected in connection with the Loan exceed�he <br /> permit�ed limits,then: �a)any such 1�an�harge shall b�reduced by the amoun�necessary to reduc�the <br /> �harge to t�e permit�ed�imit;and�b)any sums already co��ected from Borrower which�xceeded <br /> permitted limits��11 be refunded ta Borrower. Lender may choose ta ma1��this refund by r�ducing the <br /> principal owed under the Note or by mak�ng a d�r�ct payment to Borrow�r. If a refund reduces principal, <br /> the reduction wi11 be treated as a pa,rtial prepayment with no changes in the due date or in the monthly <br /> payment amount unless the Lender agrees in writing to those changes. B�rrower's accepta.nce of any such <br /> refund made by direct payment to Borrawer wi11 c�nstitute a waiver af any right of action Borrawer <br /> might have arising out of s�ch overcharge. <br /> '�4. Natices.A11 notices given by Borrower or Lender in connection with this Security Instrument mu�t be in <br /> wri�ing. Any notice to Borrower in connection�uith th�s Secur��y Instrument sha11 be deemed to have <br /> been gi�en to Borrower�vhen mailed by first class mail or�vhen actually delivered to Borrower's na�ice <br /> address if sent by other means.Not�ce to any one Borrower sha11 constitute notice to a11 Borrowers unless <br /> Applicable Law expressly requues o�her�ise.�he notice ad�iress sha11 be the Property Address unless <br /> Barro�uer has designated a substitute notice address by notice�o Lender. Banower shall prompt�y <br /> no�ify Lender of Borrow�r's change of address. If Lender specif�es a procedure for reporting Borrower's <br /> change of address,then Borrower shall only report a change af addr�ss thraugh�hat specified procedure. <br /> There may be anly one designated aotice addres�under th�s Security Instrument at any one�ime.Any <br /> notice to Lend�r sha11 be gi�en by delivering it or by mailing it by fust class mail to Lender's address <br /> stated herein unless Lend�r has designated another address by notic�to�orrower. Any notice in <br /> cannec�ion w�th this Security Instrument shall nat he deemed to have been given to Lender until actua�ly <br /> received b�r Lender. If any notice required by this Security�nstrument is also requu�d under Applicable <br /> Law,the Applicable Law requiremen��vi11 satisfy the corresponding requirement under this Security <br /> Instrument. <br /> '�5. GoverningLaw; Se�erability;Rules af Gvnstruct�on.'��Zis Security�nstrument sha11 be g�verned by <br /> federal law and the�aw of the jurisdiction in which the Prc�perty�s�ocated.A��rights and obligations <br /> contained in this Securi�y Instrum�nt are subject to any requirements and limitat�ans of Applicable Law. <br /> Applicable La�u might expl�citly or�mplicitly a11ow the parti�s to agree by contract or it might be silent, <br /> but such silence sha11 not be construed as a prohibition against agreement by cantrac�. �n the event that <br /> any pro�ision or clause af this Security Instrument or the 1�Tote conflicts with Applicable Lavv, such <br /> conflict sha�l not affect other provisions of this Security Instrument or the I�o�e which can be given effect <br /> without the eonflicting provision. <br /> FHA Deed of Tr�st With MERS-NE 91341�(}14 <br /> Bankers SystemsY"" VMP C�7 VMP4N(NE}(150B}.00 <br /> Wol#ers Kluwer Finar�cia!Services Page 11 of 17 <br /> q�3361�948G5 4233 443 1117 <br />
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