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<br /> 97— s��os�
<br /> expected to owc on thc Canvcrsion Dat� in full on the Maturlty Date at my new fixal
<br /> interest rate in snbs�antially eq�rai p�yments. 'The result of this calculation will be the new
<br /> amount uf my manthly paylnc;nt. Beginning with my first nnonthly payment a�fter the
<br /> Conversion Date, I will pny td,e ne�v amount as my month➢y paym�nt untd the Maturity
<br /> Da►.e.
<br /> C. TitAN�FER (.�I�' Tk� PROPERTY OR A BENEFICIAsL INTEREST IN -
<br /> BORROWER —
<br /> 1. Until Borrawer ex�rcines the Conversion Optinn under the ccfnditions stated in
<br /> Section B of Wis A��1'ust��ble F,a.te Rider, Uniform Covenant 17 of ttte Security Jdstrument is
<br /> amended to read as �aliuws:
<br /> Transfer of t��Propert� or a Be�eitcial Interest in Borrower. If all or any part of —
<br /> the Pcoperty or a�tty inicresi; in It is sold or transfened (or If a beneflcial interest in
<br /> Borrowcc is sold or transfer�ed:and Borrower is aot a natural person)without Lender's prior
<br /> writtcn aonsent, Le�,dcr arny, at icsoption, requiro immediate paym�nt in fuU of all sums
<br /> secured by this Sec�;uity Iastr.ument. However, this option shall not be eaercised by Lender
<br /> if eaercise ts proh�r�tod by fcderal law as of the date of this Security Instrument. Lender
<br /> alen ehall r�nt �:rr_r.agr_. tht� nntinn ifc (al Rnrrnwer ea.u.cea tc� hn vuhmittul tn Trnc�ler
<br /> information reyuu� tiy I.,cnr�i� to e�aluate the intended transferee as if a new loan were
<br /> being made w the transfe�ee; a�nd (b) Lender rrasonably determines tl�at Lender's sacurity
<br /> will not be unpaired by thG l.�aaa�assumption aad that the risk pf a breach of any�ovenant ar
<br /> agre�ment in this Sccurity Y�sstcument is acc�ptable to I.ender.
<br /> To the extent perzn�tted by applicablo law, Lender may charge a reasonablc fa as a
<br /> condition to Lender's cona+�nt to the loan assumption. Lender also may require the
<br /> transferee to sign an assun�•t�on agraraent tbat is acceptable w Lender and that obligates
<br /> the transferee to kceu all th�r prflmises and agraments madc in the Nou and in this Security
<br /> In4wment. Borra�aer wil[ continue w be obligated under thG Note and this �ecuriry
<br /> Instrument unless I..ender rs(��asag Bonower in writin�.
<br /> If I.ender exeroiscs the�aption to rec�uira immed�ata payment iu full, Lender shall g►ve
<br />� Borrower notice of'�accel�raf,�oz�, The noticx shall provide aperiod of not less than 90 days
<br /> from the date the ywtiae is �;4ol�vcrecl or mailed within which Borrower m;asi pay all swms
<br /> se�ured by this Se,curitg Iurswment. If Bonower fails to pay thcse sums prior to the
<br /> expiration of thi�. period, I.cnder may invoke any rcmedies permitted by this 5ecurity
<br /> Inswment withouu further nrat�ce or demand on Borrower.
<br />:� 2, ��Borrowor P,xerciqea t�e Conversion Qption umder the condidons stated in Section B
<br /> of this Adjustabl�t� Rate R��er� the amendment to Ur�iform Covenant 17 of the Securiry
<br /> Instrument contau�ed in 5ection C1 above shall then cease to He in effect� and the provision4
<br /> of Uniform Covonant 17 of the 3ecurity Instrument shall iastead be in effe�t,as follows:
<br /> ^^ Form 311tl tf68
<br /> ��61�IN0�1 P+p�4 of 6 kYtI�N; ,�'I�� �
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