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20�2v0431 If the Lender exercises this option , the Lender shall give the Borrower notice of acceleration. The notice shall provide a period of not less than 30 days from the date the notice is delivered or mailed within which the Bonower must pay a11 sums secured by the Security Instrument. If the Bonower fails to pay these sums prior to the expiration period, the Lender may invoke any remedies permitted by the Security Instrument without further notice or demand on the Borrower. 4. The Borrower also will comply with all the other covenants, agreements, and requirements of the Security Instrument, including without limitation, the Borrower's covenants and agreements to make all the payments of taxes, insurance premiums, assessments, escrow items, impounds, and all other payments that the Borrower is obligated to make the under Security Instrument; however, the following terms and provisions aze forever canceled, null, and void, as of the date specif'ied in pazagraph No. 1 above: (a) all terms and provisions of the Note and Security Instrument (if any) providing for implementing, or relating to, any change or adjustment in the rate of interest payable under the Note; and, (b) all terms and provisions of any adjustable rate rider or other instrument or document that is affixed to, or part of, the Note and Security Instrument and that contains any such terms and provisions as those referred to in (a) above. 5. Nothing in this Agreement shall be understood or construed to be a satisfaction or release in whole or in part of the Note and Security Instrument. Except as otherwise specifically provided in this Agreement, the Note and Security Instrument will remain unchanged, and the Bonower and Lender will be bound by and comply with, all of the terms and provisions thereof, as amended by this Agreement. 6. It is mutually agreed that the Security Instrument shall constitute a first lien upon the premise and that neither the obligation evidencing the aforesaid indebtedness nor the 5ecurity Instrument shall in any way be prejudiced by this Agreement, but said obligation and Security Instrument and all the covenants and agreements thereof and the rights of the parties thereunder shall remain in full force and effect except as herein expressly modified. IN WITNESS WHEREOF, the parties have signed, sealed and delivered this agreement on the date above written. f 0 24� Date Borrower - 1VICOLE L E �� d ��_ Date Borrower - DOUGLAS E EWERS Mortgage Electronic egistration Systems, Inc � / 1�� BY � �i��n�,_ Date Lender- ' ��GAG�/�p �ITIib��RT��GE, 1i�3�. _.�` pQ; , ..- Larry Baumann � � : Vice President � U`t ��TF f � s-� « : � �, Page 2