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201406068
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Last modified
7/20/2017 8:54:01 PM
Creation date
9/24/2014 11:46:39 AM
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DEEDS
Inst Number
201406068
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��14����5 <br /> 2. When Borrower's in itial fixed interest rate changes to an adj ustable interest rate under the terms <br /> stated in Section A abo�e,LJniform�o�enant �S of the Security Instrument described in Section B 1 <br /> abo�e shall then cease to be in effect, and the pro�isions of LJniform�o�enant 1 S of the Security <br /> Instrument shall be amended to read as follows: <br /> Transfer of the Property or a Beneficial Interest in Borrower,As used in this Section 1 S, <br /> "Interest in the Property"means any legal or beneficial interest in the Pr�perty,1I7C11.1�1I7�,�ut not <br /> I imited to,those beneficial interests transferred in a bond for deed,contract for deed, insta.11ment <br /> sales contract or escrow agreement,the intent of which is the transfer of title by Borrower at a <br /> future date to a purchaser. <br /> If al I or any part o�the Property ar any Interest in the Property is sal�i ar trans�erre�i�ar i�Borrovver <br /> i s not a natural person and a beneficial interest in Borrower is sold or transferred}without Lender's <br /> prior written consent, Lender may require immediate payment in full of all sums secured by this <br /> Securi ty I n strum ent. Howe�er,th i s option sh al l not be exerci sed by Lender if such exerci se is <br /> prohibited by Applicable Law. Lender also shall not exercise this option if: �a}Borrower causes <br /> to be subrn itted to Lender information required by Lender to e�aluate the intended transferee as <br /> if a new�oan were being rnade to the transferee;and�b}Lender reasonably determines that Lender's <br /> security wil�not be impaired by the loan assumption and that the risk of a breach of any co�enant <br /> or agreernent in this Security Instrurnent is acceptable to Lender. <br /> To the extent permitted by App�icable Law,Lender may charge a reasonable fee as a condition to <br /> Lender's consent to the laan assurnpti�n. Lender also rnay require the transferee to sign an <br /> assumption agreernent that is acceptable to Lender and that obligates the transferee to keep all the <br /> promises and agreements made in the Note and in this Security Instrument.Borrower will continue� <br /> to be obligated under the Note and this Security Instrument unless Lender releases Borrower in <br /> writing. <br /> �f Lender exercises the option to require irnmediate payrnent in full, Lender shall gi�e Borrower <br /> notice of acceleration.The notice shall pro�ide a period of not less than 3U days frorn the date the <br /> notice is gi�en in accordance with Se�tion 1 S within which Barrower must pay all sums secured <br /> by this Security Instrurnent. If Borrower fails to pay these surns prior to the expiration of this <br /> period,Lender rnay in�oke any remedies permitted by this Security Instrument without further <br /> notice or demand on Borrower. <br /> BY SIGNING BEL�W,Borrower accepts and agrees to the terms and co�enants contained in this <br /> FixedlAdjustable Rate Rider. <br /> Borravver <br /> �� <br /> l <br /> 4 <br /> 1 �� ��- 1 <br /> [ <br /> LESLIE ANNE MEYE Date <br /> Seal <br /> 11958��3�1 <br /> 4r11i�L�fS�A�E�17(EDiADJUSTABLE RATE R1DER-WSJ�ne-Yea�L1B�R-5ingi9 Family-�annie Mae Unifiorm �oxm 3187 61�1 <br /> Instrument <br /> VMP� 4� fl21�3 <br /> Wolters ICluwer Financial 5er�ices 2�14�9154.1.1.2529-J2�13122fiY Initials Page 3 of 4 <br /> 'HLD1�958❑D30�1 fi * <br />
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