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2� 17� 1458 5ubject ta lhe pra�isian� af 5e��ion 17, any 5ticces�or in Intere�t of BorrQ�rer v�ha assumes Barra�rer's �hligati�ns under this 5�curit�r Instrument in writing, and is apprav�d by Lender, shall obtain all of Borr�vver's righ�s and benef�ts under thi� Security Instrument. Borr��rer s��all not�e released from S�rrawer'� o�ligatians and liability under thi� Security Instr�rment unle5s Lender agrees to such release in v�rriting. The co�enant� and agreements of this Se�urity Instrument shal� �in� �except as pr��id�d in S��ti�n 1 g� and lienef�t the succe�sars and assi�ns �f Lender. 'i 3. Loan �harge�. Lender may charge�arrativer f�es for�ervic�s perfarmed in c�nne�tion�vi�h Borro��ver's ciefault, f�r t�ie�urpase of protecting Lender's interest in t�Y�Praperty and rig�Yts under t�zis Securit� Instrument, including, but nat�imited �a, attorn��s' fee�, property inspectivn and�aluation fees. Lender may coilect f�es and charges aut�iarized�y t�ze Secretar�r. Lend�r may nat �harge f�es that ar� �xpressly prahibited b�this 5ecurit�Instrument �r 1��Applicable Law. If the Laan is su�j�ct t� a 1aw whic�i ��ts maximum �oan c�iarges, and t�iat law is fina�l�interpreted sa that th� int�rest or other loan c��arges collected or ta he �ollected in canne�tion�rith the Laan e�ceed the permit�ed limits, ti�en: �a} any su�h loan charge s�iall he reduced by the am�unt nec�ssar�to reduce �he charge ta the permitted limit; and ��} any sum�already co�lec�er� fr�m Barrower��vhich �x�eeded permitted limits wili�e refunded �a Barro�ver. Lender may ch�ose t❑ make this refund b�r�du�in� t�ie principai ovtred under the Not� or by making a direct pa�ment to Bvrra�rer. If a refund reduces principal, the redu�tion wi11 be tr�ated as a partial prepa�rment�vit�t no chang�s in the due date or in the monthl�r pa�ment amount unles� the L�nder agrees in writing to thos� �hanges. Borrawer'� acceptance af an�such r�fund made b� direct pa�rment t� B�rro��rer�vill c�nstitute a�vaiver of an�right af action Borrawer might hav� arising�uf af such �vercharge. '��. N��iCes. All natices given by Barrativer ar L�nder Yn ��nn�eti�n �vYth t��is �ecurit�Instrument must he in writing. An� n�tice to B�rro�ver in cannec�i�n with this Se�urit� Instrument shall be deemed to have �een given to Borrav�rer�vhen mailed ��first eiass mail �r v�r��en a�tually deli�rered t� Borrower's natice addr�ss if sent�y ather means, Notice to an�one Borrotiver�hall canstitut� nati�e t� all Bvrrawers unless Applicable Law express�� r�quires ot�ier�r�se. T��e n�tice addres� shall be the Froperty Addre�s un�ess Borr��er has designated a substi�ute nati�e addre�s b�natic� t� Lender. Borro�rer ��Yall promptly natify Lend�r�f Borrower's chang� ❑f addr��s. If Lender speeifie� a pracedure far repart�ng Borrav�rer's change af addr�ss, then Borrov�rer sha11 �nly report a chang� ❑f addre�s thr�ugh tha�spe�i�ied�racedure. There may b� anly ane desYgnated nati��address und�r this S�curit�Instrument at any ane tim�. An� noti�e t� Lender shall be gi�en by de�i�rering it ar b� mailing it hy first class mail to Lender's addres5 stated h�rein unless Lender has designated an�ther address�y notic� to B�rrower. An�r natic� in conneet�on��ith t�iis Security�nstrument s�iall nat be deem�d to have b�en gi�ren to Lender unti� actually received by Lender. If any nati�e re�uired by t��is 5ecurity Instrum�nt i�a�sa required under Applicable La�r, the Applicable Law requi�ement tivi��atisf� t�e �vrresponding requiremen� under thi� Securi�y Instrument. �5. Go�ernEng Law; �everabil ity; Ru les �f �onst ru�t ion. T��is �e�urit�Instrument�hal� lie go�erned b�r federal 1aw and t�ie la�v of t�le jur�sdictinn in which the Propert� i�located. All rig��ts and �biigatian� contained in this Secur�ty�nstrument are sul�ject t�an�requirernents and 1�mitatians af ApplicaUle Lativ. Applicable Laur might expiicit��ar imp�icitl�al�aw the parties to agree hy c�ntract or it might be siient, �ut�u�h silence shall n�t be con�trued a�a prohibition against agreement b� cantract. In the e�ent tt�at any prat�isYan or clause af this Seeurity Instrume�t or the N�te c�r�flicts wit��Applicahle L��v, such canflict shall not affe�t o�her pravision� of this �ecurit�r Instrum�nt �r �he I1Io#�tivhich �an b�gi��n effect tiv�thaut the c�nflicting pravYsion. �3�78814� aa��g�a�� FHA��ed aF Trust With MERS-NE 91301�0'1� Banke�s SystemsT�+ VMP ru VMP4N(NE3("15�6).�0 Wolters Kluwer Financiat 5ervices Page�1 vF 17