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20020&474 this Security Instrument. Borrower shall not he released from Borrower's obligations and liability under this Security Instrument unless Lender agrees to such release in writing The covenants and agnecri nts of this Security Instrument shall bind (except as provided at Section 20) and benefit the successors and assigns of Lender_ 14. Loan Charges. Lender troy charge Borrower fees for services performed in connection with Borrower's default, for the purpose of protecting Lender's interest in the Property and rights under this Security instrument, including, but not limited to, attorneys' fees, properly inspection mid valuation fees_ In regard to any other fees, the absence of express authority in this Security Instrument to climge a specific fee to Borrower shall not be construed as a prohibition on the charging of such fee. Lender may not charge fees [list are expressly prohibited by this Security Instrument or by Applicable Law. If the Loan is subject to a law which sets maximum loan charges, and that law is finally interpreted so that the interest or other loan charges collected or to be collected in connection with the Loan exceed the permitted limns, then: (a) any such loan charge shall be reduced by the amount nexssmy to reduce the charge to the permitted limit, and (b) any sums already collected from Borrower which exceeded pencilled limits will be refunded to Borrower. Lcuder may choose to make this refund by reducing the principal owed wider the Note nr by ranking a direct payment to Borrower If a ref rid reduces principal, the reduction will be treated as a parlial pmpaymcut without any prepayment charge (whether or not a prepayment cluuge is provided for tinder the Note). Borrower's acceptance of any such refund trade by direct payment to Borrower will conslilule a waiver of any right of action Borrower aught have arising out of such overcharge. 15. Notices. All notices given by Borrower or Lender in connection with this Security Instrument must be in writing_ Any notice to Borrower at connection with this Security Instrument shall be deemed n have been given to Borrower when mailed by first class it or when aclmdly delivered In Borrower's notice address if sent by other means. Notice to any one Borrower shall constitute notice to all Borrowers unless Applicable Law expressly requires otherwise_ The notice address shall be the Property Address unless Borrower lots designated a substitute notice address by notice to Lender. Borrower shall promptly notify Lender of Borrower's change of address_ If Lender specifies a procedure for reporting Borrower's change of address, then Borrower shall only report a change of address through that specified procedure. There may be ohiy one designated notice address under this Security Instrument at any one time Any notice to Lender shall be given by delivering it or by mailing it by first class mail to Lender's address stated herein unless Lender has designated another address by notice to Borrower Any notice in connection with this Security Instrument shall not be deemed to have been given to Leader until actually received by Lender If any notice required by thus Security Instrument is also required under Applicable Law, the Applicable law requirement will satisfy the corresponding nequireatent under this Security Instrument. 16. Governing Law; Severebility; Rules of Construction. I'his Security Instiwnenl shall be governed by federal law and the law of the jurisdiction in which the Property is located. All rights and obligations contained in this Security Instrument are subject to any requirencmis and limitations of Applicable Law. Applicable Law might explicitly or implicitly allow the parties to agree by contract or it might he silent, but such silence shall not be committed as a prohibition against agreement by contract. In the event [list any provision or clause of this Security Instrument or the Note conflicts with Applicable Law, such conflict shall not affect other provisions of this Security Instrument or the Note which can he given effect without the conflicting provision. As used in this Security Instrument. (a) words of floc uascuhine gender shall mean and include corresponding center winds or words of the feminine gender; (b) words in the singular shall user old include the plural and vice versa; and (c) the word `Sony" gives sole discretion without any obligation to take any action. 17. Borrower's Copy. Borrower shall be given one copy of die Note and of this Security Instrument_ 19. Transfer of the Property or a Beneficial Interest in Borrower. As used in this Section I8, °Interest in the Propery" means any legal or beneficial interest in the Property, including, but not lunited lo, those beneficial interests truurfcrel in a bond for deed, contract for deed, installment sales contract or escrow agreement, the intent of which is the transfer of title by Borrower al a hone date to a ptrchaser_ If all oh any pan of the Property or any Interest in the Property is sold or transferred (or if Borrower is not a natural person mid a beneficial interest in Borrower is sold or transferred) without Lender's prior written consent, Lender may require inuualime payment in fill of ill sums secured by this Security Instrument. However, this option stall not be excmisid by l eaderif such exercise is prohibited by Applicable Law. If fender exercises this option, Lender shall give Rormwer notice of acceleration 'fhe notice shall provide a period of not less than 30 days Joan the dale the notice is given in accordance with Section 15 within which Borrower must pay all sums seemed by this Security hnshwnemt. If Borrower fails to pay these sums prior to the expiration of this period, Lender may invoke any remedies permitted by this Security Lustrnnent without fi ithernotice or demand on Borrower. Loan No: 1735183 Nt,la.Az Deed or J-1 Single Fvnil,Fannie MadFruldie Mac INIFORM INSTRUMENT Form 3028 OINI —I It. LbMe[-LNIE SO. E, INC. ft, Y 0132 14001NE Hoa ° °"". P `°°"" "°'° IIINInI011111N1111111XNIIIIIInnaOry�rt .1000. me cane0oiue Ywmc nn.