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2� 17� 17�9 Subject to the pro�isions of Sect2on 17, �.��r S�cc�sso�in I�ateiest af B�rra�ver wha a�sumes B�rrawer`s ob�i�ations under this Security Instrument in tu�-iting,a�.d is appro�ed��Ler�der, shall abtain ai1 of Borro�uer's rights and bene�ts undcr�his Security Instrument. Borro�er shall nQ�be re�cased from F3orrawer`s obligati�ns and lYabil�ty ut�der this 5ecurity Instrumer�t unless Lender agrees ta�uch release in writing.The covenants and agreements of this Security Ins�rument shatl bind(except as provided in Section ��and benefit the suc�essors and assigns of L�nd�r. 13. Loan�har�es.Lender may charge Ba1-�rower fees for services��rfor�n�d in cannection vvith.BorrQ�e�'s defaul�t, for the purpose of pr��cting Lender`s in�erest in the Pr�perty and rights under this S�curity Instrumen�, including,but not�imited toti att€�rney�'fees,property in�p�ctian and wa�uatiUn fees. Lender may coXtect fees and char�es authorized by the Secretary. Lender may not charge fe��that ar�expr�ss�y proh�bitcd by this Security Instrumen�or by Ap��icab��La�. If��e L�an is sul�,��et to a law wh�c�sets maximum loan char�es,and that law is f nally interpreted so t'�at�he interest or other loan charge�collected or to be callected in conn�ct�on with the Laan exc�ed the permitted limits,��en: �a}any such loan�hdrge shall be reducec��y the amount necessary to reduce t�.e � ch�r�e to the permi�ted timit;and�b}any�ums alre�dy�oilected from Barrower whYch exceeded permitted l�rr�its will��ref�nded ta Borro�cr.L�nder ma�chQose to make this rcfunc��y reducing�he princip�.�ot�ed under t�e Note o�'by ma.kin�a direct pa�ment to B�rrower. �f a refund r�duces principal, the reducti�n t�vill��treated as a partia�prepaymenf v+�ith n��hanges in the due date ar in the monthly g�yment amount ur�less the Lender agre�s in writxng ta thase chang�s.B�rrow�r's accep�ancc�f any�uch refur�d made by dYr�ct pa�ment t�Borro�ver v��1��onsti�ut�a�vai�er of�.ny right of action Borrati�er might ha�e arising out of such o�e�rcbarg�, '14. Notices.A�t no�ices gi�en by Barrower or Lender in cpnnectian with this Security Instrument must be in writing.Any notice to B�rrower in cannectian with this S�curity Instrum�nt shall be deerried ta ha�e been g��en ta Borrower�vhen mailed by first cla�s mail or�vhen actually delivered to Borrower`s not�ce address if sent by other means. Natice ta any one Barrower sha11 constitute notice to a11 Barrower�ualess Applicab�e Law express�y r�quires otherwise. The notice addr�ss shal��e the Property Address uniess �orrowcr has designat�d a substiitu�e notice address by noti�e ta L�nder. F3orraw�r shal�promptly nati f�Lender o f l3orrower'�change of addres�. If L,ender specr fi es a procedure for reportrtng Barrower's change of address,then Borrower s�iail oniy report a change of address through that speGifie�procedure. There may b�on�y one designat�d n�t�c�address under this�ecuri#�Instrumcnt at any one time.Any notYce to Lender shali be giv�n by delivering it or by mailing it by frst�lass mail to Lender's address state�h�rein unless Lender has desi�r�ated another address by natice to Borrower.Any notice in �onnection�vith this Security Instrum�nt shal�not be d�em�d to ha��been gi�en to Lend�r until a�tually received by Lender.If any natice require�by�his Security Instrum�nt is also required under Appticable La�v,the App�icable Law requirement will sati.sfy the corresponding requirement under this S�curity Instrument. 'I�. Gv�erningLaw; 5e�erabili�ty;Rul�s af�ons�ruc�ivn.Thi�Security Instrument shall be governed by fed�ra�law and the 1a�of�hc jurisdic�ion in which the Pr�perty is lacated,Al�r�gh�s and obligati��s contained in this�ecurity Instrument are�ubject ta any r�quirements and��rriitatians❑f Applica�a�e La�. Applicab��Law might explic�tly or imp�icitiy aliow the parties to agree by contract or it mxght be�i�ent, but such silence shall not�e��nstrued as a prohib�tion against agreement by contract, In the e�ent that any pro�ision or c�ause of this Security Instrument ar the Note c�nflicts with Appiicable Law,such conflict shall not affect ather pro�isions af�his Security�nstrument ar the Note which can be�iven effect without th�co�fliGting pro�isian. FHA�eed ofi Tnast With MERS-NE 9l3�f2�94 Bankers Sy�t�m�� VIVr�� fMR4N4NE}�1546}.4� 1lliatters Kluwer Fi�ancia!ServicPs Page 11 af 17 qU33�341�893 �233 331 111?