201100037 - Laserfiche WebLink

Browse

20�10003� 14. T,oan Charges. Lender znay clzarge Borrower fees for services perfpmxed in connection with Bortower's default, fot the purpose of protecting L,ender's interest in the Property and rights under this Security Instrument, including, but z�ot li�nited to, attorneys' fe�s, properhy irispecti�n and valuation tees. In xegard to any other fees, the absence of express authority in this Security Instnunent to charge a specific fee to Bonrowex shall not be construed as a prohibition on the charging af such fee. Lender m.ay not charge fees that axe expressly proku�bited by this Security Instrwnent orby Applicable Law. If the Loan is subject to a law which sets znaxixnum loan charges, and that law is finally interpreted so that the interest ar other loan charges collected or to be collected in connection with the Loan exceed the perrnitted limits, then: (a) any such loan chazge shall be reduced by the am,ount necessazy to zeduce the charge to the perxnitted lxixzit; and (b) any sums already collected froxn l�orrower which exceeded perinitted limits will be refunded to Borrower. Lender :may choose tn rnake ttus xefund by reducing the principal owed tuider the Note or by making a direct payment to Borrowex. If a refund reduces principttl, the reductinn will be treated as a partial prepayment without any prepayment cl�arge (wh�ther or not a prepaynnent charge is provided for under the Note). Borrowex's acceptance of any such re�und zxiade by direct paynnent to Borrower will constitute a waiver of any right of action Bor►ower znight have Arising out of such overcharge. 15. Notices. All notices given by �3orirower or Lender in connection with this Secuxaty Inshlunent must be in writing. Any notice to Borrower in coz�necrion verith tlus Security Instrument shall be deemed to have been given to Borrower vvhe�� mailed by first class mail or when actually delivez'ed to Borrower's notice address if sent 6y nther zineatas. N�tice to any one Borrower shall constitute nolice to all Bonowers unless Applicable J.,aw expressly requues otherwise. The notice address shall be the Property Address unless $orrower has designa�d a substitute notace address by notice to Lender. Borrower shall prampdy notify T,endar of Borrower's change of address, If �endex specifies a procedure for reportin$ Borrower's change of addzess, then Borrower st�all ot�ly report a ch�tage of address through thaC s�eci�ed pinceduze. Tlaere may be only one designated notice address under this Securiry Instrurnent at any one tinae. Any notice to Lender shall be given by delivering it or by mailing it by first class xnail to Lender's address stated herein unless Lender has designated Anothex addtess by nbtice to Bon•ower. Any notice in connectian with this Security Inshuzr�ent shall nnt be deemed to have been given to Lender until actually received 6y L,ender. If any notice required by this Security Insirument is also required uatder Applicable Law, the Applicable I.aw requirement will satisfy th� correspondin� requirement under this Security Instniment. 16. Governing Law; Severability; Rules of Construction, This Secucity Instrument shall be governed by federal law and the law of the jurisdiction in which the Property is located. All xights and obligations contained in thrs Security Tnstrument are subject to any requirem.ents and limitations of Applicahle Law. Applicable Law rnight explicitly ox implicitly allow the parties to agree by contract or it might be silent, but such silence shall not be construed as a prohibition against agreement by contract. In the event that any provision or clause of this Security Instrument or the Note conflicts with Applicable Law, such conflict s}aall no1 affect olhez provisions of this Security Tnstrument or the Note which can be given effect without the conflicYing provision. As used in tkus Security Inshument: (a) words of the masculine gender shall znean and include conesponding neutez words or words of the femiz�ine gender; (b) words in the singular shall m�an and include the pluxal and vica versa; and (c) the word "may" gives sole discretion without auy obligation to take any action. 17. Borrower's Copy. $prrower shall be given one copy of the Note and of this Seciu'ity Instrument. 18. Transfer of the �roperty or a Bene�cial Tnterest in Borrower. As used in this Section 18, "intere5t in the Property" zneans any legal or benefzcial interest in the Propetty, including, but not limited to, those beneftcial interests 4ransfened in a bond foz deed, contract for deed, installrnent sales contract ox escrow agreement, the intent of which is the lxansfer of title by Borrower at a future date to a purchaser. If all oz any part of the Property ar any Interest in the Property is sold or transferred (or if Borrower is not a natuxal pexson and a beneficial interest in Borrower is sold or transferred) without Lendex's prior rvritten consent, Lender may require iznt�ediate payment in full of all sums secured by thzs Security Instrurnent. However, this option shall not be exercised by Lender if such exercise is proktibited by Applicable Law, Tf'Lender exercises this option, I.endez slaall give Borrower notice of acceleration. 'rhe notice shall provade a period of not less than 30 days from the date the notice is given in accordance with 5ecrion 15 within wtv.ch Borrower must pay all sums secured by this Security Insmunent. If Bozrower fails to pay d�ese sums prior to the expiration of this period, L�nder may invoke any remedies pemvtted by this Security Insh�ument without further not�ce or demand oi� Bonower. NF.RI2ASKA--Sin�le Pamily--Fannie Mae/Freddie 11�ac IJNTFORM INSTRUMEIV"f Form 3028 1lDl (puge 10 of 14 pnges) GV2023,HP I I'�I�I II�II IIIII ��I'I II�I� II�I� I�III I�III �IIII �II�I IIII II'llll ��I �II'I' II�II IIIII III�I IIII I��I 1 1 � 1, 2 9 0 � � 8 G V� � 2�