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201303171 <br /> B. TRANSFER OF THE PROPERTY OR A BENEFICIAL INTEREST IN BORROWER <br /> Section 18 of the Security Instrument is amended to read as follows: <br /> Transfer of the Property or a Beneficial Interest in Borrower. As used in this <br /> Section 18, "Interest in the Property" means any legal or beneficial interest in the <br /> Property, including, but not limited to, those beneficial interests transferred in a <br /> bond for deed, contract for deed, installment sales contract or escrow agreement, <br /> the intent of which is the transfer of title by Borrower at a future date to a <br /> purchaser. <br /> If all or any part of the Property or any Interest in the Property is sold or <br /> transferred (or if Borrower is not a natural person and a beneficial interest in <br /> Borrower is sold or transferred) without Lender's prior written consent, Lender may <br /> require immediate payment in full of all sums secured by this Security Instrument. <br /> However, this option shall not be exercised by Lender if such exercise is prohibited <br /> by Applicable Law. Lender also shall not exercise this option if: (a) Borrower causes <br /> to be submitted to Lender information required by Lender to evaluate the intended <br /> transferee as if a new loan were being made to the transferee; and (b) Lender <br /> 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 <br /> Security Instrument is acceptable to Lender. <br /> To the extent permitted by Applicable Law, Lender may charge a reasonable fee <br /> as a condition to Lender's consent to the loan assumption. Lender may also require <br /> the transferee to sign an assumption agreement that is acceptable to Lender and that <br /> obligates the transferee to keep all the promises and agreements made in the Note <br /> and in this Security Instrument. Borrower will continue to be obligated under the <br /> Note and this Security Instrument unless Lender releases Borrower in writing. <br /> If Lender exercises the option to require immediate payment in full, Lender shall <br /> give Borrower notice of acceleration. The notice shall provide a period of not less <br /> than 30 days from the date the notice is given in accordance with Section 15 within <br /> which Borrower must pay all sums secured by this Security Instrument. If Borrower <br /> fails to pay these sums prior to the expiration of this period, Lender may invoke any <br /> remedies permitted by this Security Instrument without further notice or demand on <br /> Borrow er. <br /> 24004175 <br /> MULTISTATE ADJUSTABLE RATE RIDER- ARM 5-2 Fannie Mae 4-2/5-2/6-2 ARM <br /> Single Family - Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3111 1/01 <br /> VMP VMP822R (0804) <br /> Wolters Kluwer Financial Services Initials: nc(f Page 3 of 4 <br />