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2� 17�2��3 Subject ta the prvvisians of Sectian 17,any Successor in�nterest of Borrower who assumes Borr�wer's obli�atians under this Security Instrument in�vriting,and is appro�ed by Lender, sha11 obtain aIl af Borrower's rights and�enefits under this Securi�y Instrument. Borrower sha11 not be released from Barrower's ob�igations and liability under this Security Instrument un�ess Lender agrees tn suGh release in writing. The covenants and agreements of this Security Ins�rume�.t sha11 bind(exc�pt as pravided in Section 1�}and benefit th�su�cessors and assigns af Lender, 1�. Loan�harges.Lender may charge B�rrower fees far service�perfarmed in connection with Borrower's defaul�,for the purpase of protect�ng Lender's interest�n the Prope�ty and rights under this Security Ins�rument, including,but not lirnited to,attorneys'fees,property inspectian and valuation fees. Lender may co�lect fees and charges authorized by�he Secreta,�y. Len�er may not chaxge fees that are expressly prohibited by this S�curity In�trument or by App�icable La�v. If the Loan is subj eet to a law t�rhich sets maximum loan Gharges,and that law i�finally interpreted so that the interest or ath�r loan charges collec�ed or to be coliected in connection with the Loan exceed the permitted limits,then; (a}any such loan charge shall be reduced by the amount necessary to reduce the charge to the permit�ed Iimit;and�b}any sums a�ready collected from Barr�wer which exceeded permitted l�mitqs will be refunded to Barrawer. Lender may�hoose to make this refund by reducing th� principat o�ved under the Note or by making a direct payment to Bonower. If a refund reduces principal, the reduction will be treated as a partia�prepayment with no chaag�s in the due date or ia the m�n�hly payment amount unless the Lender agrees in writing to thase changes. Borro�er's acceptance of any such r�fund made by dire�t payment to Borrow�r will c�nstitute a waiver of any ri�ht of aetion Borrower might have ari�ing aut of such overcharge. 14. IVQti�es.A�1 notice�given by Borrawer ar Lender in connection with this Security Instrument must be in writing,Any notie�to Barrower in connection�vith this Security Instrum�nt shall be de�med to ha�e be�n given t�Borrower�vhen mailed�y first c�ass mail ar�vhen actually delivered ta Borrower's natice address if s�nt by ather means.I�Totice to any one�orrower sha11 constitute natice to alI Bona�vers unless Applicable Law expressly requires otherwise.The notic�address sha11 be the Prop�rty Address unless Borrawer has designated a substitute notice address by nati�e to Lender, Borrower shall pr�mptly notify Lender of Borrower's change of address. If Lender speci�es a procedure for report�ng Borrower's change af address,then Borrower shall only report a change of address through that specified procedure. There may be only one designated notice address under this 5ecurity Instrumen�a�any ane time.Any notice ta Lender shall be given by deli�ering it or by mailing it by first class mail to Lender's address stated herein unless Lender has de�ignated another address by not�ce to Borrower.Any no�ice in connectia�with�his Security Instrument sha11 not be deemed�o have been given to Lender until actually recei�ed by Lender. If any notiGe required by this Security�nstrument is a�s�required under Applicable Law,the Applicable Law requirement will satisfy�he corresponding requirement under this Security instrument. 15. �overningLaw; 5e�erahiiity;Rules of Cvnstruction.This Security In�trument sha11 be ga�erned by federa.I 1aw and the law of the jurisdiction in whi�h the Praperty is�ocated.A11 rights and abligations contained in thrs Securi�r Instrurnent are subject t�any requirements and lirnitations of Applicable La�v. Applt��ble Law tnight expli�it�y o�r�mpli�itly allv�v the parties to agree by contra�t or it might be silen�, but such silence shatl not be construed as a prohihitian against agreement by cantract, In the event that any provis�an ar clause of this Security�nstrument or the Note canflicts with Applicable Law,such c�nflict shall not affect other pro��sion�of this Security In�trument or the No�e which can be given effect withaut the conflieting provision. FHA❑eed of Trust WitM MER5-NE 91301241d Bankers SystemsTM VMP� VMP4N(NEj(15�8}A� Wol#ers Kluwer Ftnancia!5ervices Page 11 af 17 q03374949474 �233 434 lll7