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��14�7�53 <br /> B. TRANSFER �F THE PRC�PERTY �]R A BENEF1CtAL �NTER�ST �N BURROINER <br /> Uniform Ca��nant �S vf the Security �nst�um�nt is amended to read as fol�ows: <br /> Transfer vf the Praperty or a Beneficial �r�terest in 6�rr�wer. As used in tnis <br /> SectiQn �8, "Interest �n the Property" means any le�al �r �enefic�al interest in the <br /> Pr�perty, inc�u�ling, k�ut not �imited to, those benefrcial interests transferr�ed in a <br /> bond far de�d, �ontract fvr deed, instaflment sales contract or escrow agreement, <br /> the �ntent of which is the transfe� of t�t�e by Borr�wer at a future date to a <br /> purchaser. <br /> �f a�l �r any part �f the Pr�pe�ty or any �nteres� in the Property is safd vr <br /> transferred �or i� a Borrvwer is nvt a natu�a� person and a k�ene�i��al in�eres� in <br /> Borrower is sn[d ar transf��r�d} w�thaut Lender's prior written consent, Lender may <br /> requ�re �mmediate paymertt in ful! vf a�� sums s��ur�d hy this Se�urity �nstrum�nt. <br /> Howe��r, this optian shall nvt be exercised �y Lender if such exercise is proh�bited <br /> by App�icab�e Law. Lender also �half nvt ex�rcise this optivn if: 4a� Borr�wer caus�s <br /> tv �e su�mitted to L�nder information ���u�red by L�nder to ��aluate th� int�nded <br /> transferee as �f a new foan were being mad� ta th� transfere�; and �b} Lende� <br /> reasona�ly d�termines that Lender's security wil� not b� �rr�pai�ed by the loan <br /> assumptivn and that the risk vf a �reach af any ca�enant �r a�reement in this <br /> �ecurrty I nst�ument is acceptabie to Lender, <br /> T� the extent permitted by Applica��e Law, Lender may charge a reasona�ale fee <br /> as a conditi�n to L�nd��'s cvnsent tv the [oan assumptivn. Lender also may require <br /> t�e transferee to si�n an assumption agreement that is acceptak��e ta Lender and that <br /> obfigates th� transferee tv keep al� the pramises and agre�ments made in th� Note <br /> and in this Security lnstrument. B�rr�w�� will c�ntinu� t� be o��igated und�r th� <br /> Note and this �ecur�ty �nstrument unless Lender r�leas�s Borrvwer in writin�. <br /> �f L�nde� exercises the apt�on to require immediate payment in fuli, Lender sha[� <br /> gi�e Borrvwer nvtice of accelerat�an. The notice sha�� �ro�ide a periad af not �ess <br /> than 3� �ays fram the date the notice is gi�en �n accardance with Sectian �5 w�thin <br /> which Bar��wer must pay aIC sums secur�d by this Security Instrument. lf Borrower <br /> fails t� pay these sums prior to the expi�atian of this peri�d, Lender n�ay �n�oke any <br /> rsmedies permitted by th�s Secur�ty (nstrument without further natice or demand on <br /> B�rr�wer. <br /> � <br /> f <br /> tnitiafs: <br /> �-8�9R ��514} Page 4 of 5 <br /> a <br />