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201800080 <br />Subject to the provisions of Section 17, any Successor in Interest of Borrower who assumes Borrower's <br />obligations under this Security Instrument in writing, and is approved by Lender, shall obtain all of <br />Borrower's rights and benefits under this Security Instrument. Borrower shall not be released from <br />Borrower's obligations and liability under this Security Instrument unless Lender agrees to such release <br />in writing. The covenants and agreements of this Security Instrument shall bind (except as provided in <br />Section 19) and benefit the successors and assigns of Lender. <br />13. Loan Charges. Lender may charge Borrower fees for services performed in connection with Borrower's <br />default, for the purpose of protecting Lender's interest in the Property and rights under this Security <br />Instrument, including, but not limited to, attorneys' fees, property inspection and valuation fees. Lender <br />may collect fees and charges authorized by the Secretary. Lender may not charge fees that are expressly <br />prohibited by this Security Instrument or by Applicable Law. <br />If the Loan is subject to a law which sets maximum loan charges, and that law is finally interpreted so <br />that the interest or other loan charges collected or to be collected in connection with the Loan exceed the <br />permitted limits, then: (a) any such loan charge shall be reduced by the amount necessary to reduce the <br />charge to the permitted limit; and (b) any sums already collected from Borrower which exceeded <br />permitted limits will be refunded to Borrower. Lender may choose to make this refund by reducing the <br />principal owed under the Note or by making a direct payment to Borrower. If a refund reduces principal, <br />the reduction will be treated as a partial prepayment with no changes in the due date or in the monthly <br />payment amount unless the Lender agrees in writing to those changes. Borrower's acceptance of any such <br />refund made by direct payment to Borrower will constitute a waiver of any right of action Borrower <br />might have arising out of such overcharge. <br />14. Notices. All notices given by Borrower or Lender in connection with this Security Instrument must be in <br />writing. Any notice to Borrower in connection with this Security Instrument shall be deemed to have <br />been given to Borrower when mailed by first class mail or when actually delivered to Borrower's notice <br />address if sent by other means. Notice to any one Borrower shall constitute notice to all Borrowers unless <br />Applicable Law expressly requires otherwise. The notice address shall be the Property Address unless <br />Borrower has designated a substitute notice address by notice to Lender. Borrower shall promptly <br />notify Lender of Borrower's change of address. If Lender specifies a procedure for reporting Borrower's <br />change of address, then Borrower shall only report a change of address through that specified procedure. <br />There may be only one designated notice address under this Security Instrument at any one time. Any <br />notice to Lender shall be given by delivering it or by mailing it by first class mail to Lender's address <br />stated herein unless Lender has designated another address by notice to Borrower. Any notice in <br />connection with this Security Instrument shall not be deemed to have been given to Lender until actually <br />received by Lender. If any notice required by this Security Instrument is also required under Applicable <br />Law, the Applicable Law requirement will satisfy the corresponding requirement under this Security <br />Instrument. <br />15. Governing Law; Severability; Rules of Construction.This Security Instrument shall be governed by <br />federal law and the law of the jurisdiction in which the Property is located. All rights and obligations <br />contained in this Security Instrument are subject to any requirements and limitations of Applicable Law. <br />Applicable Law might explicitly or implicitly allow the parties to agree by contract or it might be silent, <br />but such silence shall not be construed as a prohibition against agreement by contract. In the event that <br />any provision or clause of this Security Instrument or the Note conflicts with Applicable Law, such <br />conflict shall not affect other provisions of this Security Instrument or the Note which can be given effect <br />without the conflicting provision. <br />FHA Deed of Trust With MERS -NE <br />Bankers Systems TM VMP ® <br />Wolters Kluwer Financial Services <br />III IIIIIIIII I I II IIIIII IIIIIIIII I IIIII IIIIIIIII III <br />803387925322 0233 585 1117 <br />9/30/2014 <br />VMP4N(NE) (1506).00 <br />Page 11 of 17 <br />