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201206294
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8/1/2012 11:00:42 AM
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8/1/2012 11:00:41 AM
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DEEDS
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201206294
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r + <br />�0120G2�� <br />option if: (a) Borrower causes to be submitted to Lender information required by Lender to <br />evaluate the intended transferee as if a new loan were being made to the transferee; and (b) <br />Lender reasonably determines that Lender's security will not be impaired by the loan <br />assumption and that the risk of a breach of any covenant or agreement in this Security <br />Instrument is acceptable to Lender. <br />To the extent permitted by Applicable Law, Lender may charge a reasonable fee as a <br />condition to Lender's consent to the loan assumption. Lender may also require the transferee <br />to sign an assumption agreement that is acceptable to Lender and that obligates the <br />transferee to keep all the promises and agreements made in the Note and in this Security <br />Instrument. Borrower will continue to be obligated under the Note and this Security <br />Instrument unless Lender releases Borrower in writing. <br />If Lender exercises the option to require immediate payment in full, Lender shall give <br />Borrower notice of acceleration. The notice shall provide a period of not less than 30 days <br />from the date the notice is given in accordance with Section 15 within which Borrower must <br />pay all sums secured by this Security Instrument. If Borrower fails to pay these sums prior to <br />the expiration of this period, Lender may invoke any remedies permitted by this Security <br />Instrument without further notice or demand on Borrower. <br />❑ C. FUNDS FOR ESCROW ITEMS <br />Uniform Covenant 3 of the Security Instrument is waived by the Lender. <br />BY SIGNING BELOW, Borrower accepts and agrees to the terms and covenants contained <br />in this Adjustable Rate Rider. <br />_ — - / <br />��(.�l�.�..��!..... � .��...... .:�.! ��g..� .................... (Seal) <br />Li �andra Molin Cruells - Borrower <br />............................................................................ (Seal) <br />-Borrower <br />Multistate AdJustable Rate Rlder <br />VMP� Bankers Systems^ <br />Wolters Kluwer Flnancial Servlcea <br />ARLR 4/1 /2010 <br />VMPC104 �10041.00 <br />Pege 4 of 4 <br />L l� <br />
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