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201700525
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Last modified
7/28/2017 1:40:50 PM
Creation date
1/25/2017 8:54:35 AM
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DEEDS
Inst Number
201700525
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2� 17��525 <br /> Subj ect to the pro�isions af S�ction 17,a�y Successor in Interest of Borrower wha assumes Borrower's <br /> obligatians under this Security Instrument�n�vriti�g,and is approved by Lender,shatl obt�in all of <br /> Borrower's rights and benefits under this Security Instrument.Borrower shal�nQt be released from <br /> Borrower's ob�igatians and liability un.der this Security Ins�rument ualess Lender agrees to such release <br /> in writing.The co�renants and agreements of this 5ecurity Instrument sha11 bind�except as pravided in <br /> Se�tion 19}and benefit the successors and assigns of Lender, <br /> 'I 3. Laan Charge�.Lender may charge Borrower fee�for servi�es performed in connection with Borro�ver's <br /> default, for the purpose of pratecting Lender`s intere��in the Property and ri�hts under this Security <br /> Instrument,in�iuding,�ut not limit�d to, attorneys'fees,pr�perty inspectian and va�uation fees. Lender <br /> may collect fees and charges authorized by th�Se�retary. Lender may not cb.arge fees that are�xpressly <br /> pro�ibited by t�.i�Sect�rity Inst�ument or by 1�ppli�abl��,��av. <br /> If the Loan i�subj ect�o a law which sets maximum loan charges,and that�aw is f na�ly int�rpret�d so <br /> that the interest or ather�oa�charges coliected or to be cal�ected in connection with�he Loan exceed�he <br /> permitted l�nnits,then: �a)any such loan charge s1�aI1 be re�ueed by the amaunt neces�ary to reduce the <br /> charge to the p�rmit�ed�imit;and�b)an}�sums already collected from Borrower t�vhich exceeded <br /> permit�ed limits wi11 be refunded ta Borrflwer. Lender may chaose to make this refund by reducing the <br /> principai ovved under the N�te o�by making a dir�ct pa}�ment to Barrower. If a r�fund r�duc��principal, <br /> the reduct�on will be treated as a partial prepayment with no changes in the due date or in�he manth�y <br /> payment amount unless the Le�der agrees i�writing to those changes.Borro�v�r's acceptance of any such <br /> refund made by direct payment to Borro�v�r tivitl c�nstitute a wai��r of any r�ght of a�tion BorrQwer <br /> might have arising ou�of such o�ercharge. <br /> '14. Nvti�es.All notices given by Borro�ver or Lender in con�xection w�th this Security Instrument must be�n <br /> writing.Any notice to�onower in Gonne�tion with this Se�urity in�trument shall�e de�m�d to have <br /> been given to Borrow�r when mailed by�rst class mait or when ac�ually deliv�red to$arrower's noti�e <br /> address if sent by other means.Natice to any one �orrawer sha11�on�t�tute notice�a all B�rro�ers unl�ss <br /> Ap�l�cable L�w expr�ssly requ�res ath�rw�se,The n�tic�a�dress sha�l b�the Property A�d�re�s unless <br /> Borrawer has designated a su�a�titute notYce ad�ire�s by notice to Lender.BorrQwer sha1�prorriptly <br /> nQtify Lender of Borrawer's change of address. If Lender specifies�procedure for repflrting Baxrow�r's <br /> change�f addr��s,then Bonovver shall onl�report a change of addr�ss through t�at specified procedu.re. <br /> There may b�vnly one designated notice address under this Securit�r Instrument a�any one time.Any <br /> notice to Lender shall be giv�n by d�livering it or by mailing it by�rst class mail to Lender's address <br /> sta.ted her�in unless Lender has designated anather address by not�ce to B�rr�wer,Any notice in <br /> connection with this S ecurity Instrument sha11 not be d�emed to have been g�ven ta Lender until actually <br /> received by Le�.d�r.If any natice required by this Security Ynstrument is also required under Applicable <br /> �av�,the�,pplicab�e L,a�req�i�emen�will satis�th�c�r�espon�i��requirem�nt un�er this�ecurity <br /> Instrument. <br /> �5. GaWerningLa�n►; Seyerability;Rules�f C�ns�ru�#i�n.Th�s 5e�urity�nstrument shal�be governed by <br /> federallaw a�d the 1aw of the juii��ictta�in which the Pra�erty is locate�.A11 rights and�b�igations <br /> contained in this Security Instrument are subject�o any requirements and limitations�f Applicable Law. <br /> Applicable I�aw might explicitly or imp�i�itly al�ow the parties to ag�ree by contract or it might be silent, <br /> but such silence sha�l not be construed a�a prahibition aga�nst agre�ment by con�ract. In the ev�nt that <br /> any provision or clau�e of this Security I�astrumenx or the Note c�nflicts with A�plicable Law, such <br /> �onfli�t shall not affect other pro�isions of this Se�urity Instrument ar the Note which can be given effect <br /> without the conflicting provi�ion. <br /> FHA❑eed of 7rust With MERS-NE 913QIZU��4 <br /> Bankers Systems'fi"' VNtP� VMP4�l(NE3(150fi}.0� <br /> Wolters Kluw�r Ffnancial Se►vices Page 91 of 17 <br /> q0 3644�5674 D�3 �75 1117 <br />
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