(2) In computing interest for the purposes of ORS 82.010, any bona fide commission paid or sustained by the borrower shall be computed for the contract term and not for any accelerated period or prepayment.
(3) Notwithstanding subsection (1) of this section, the following charges shall not be deemed a part of the interest charged on a loan:
(a) Reasonable amounts actually applied in payment of the expense of inspecting any security offered in connection with the loan, investigating the responsibility of the applicant or procuring or extending any abstract of title or certificate of title insurance covering such security;
(b) The amount actually paid for the examination of any such abstract of title or certificate of insurance; or
(c) The cost of the preparation, execution and recording of any papers necessary in consummating such loan. [1987 c.215 §20]