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��15�3��1 <br /> � ; <br /> B, TRANSFER �F T�E PR�PERTY �R A BENEFIC�A� I�VTEREST I�V B�RR�INER <br /> Uniform �ovenant �8 of th� S�curity �nstrument is amended ta read as fo�lows; <br /> Transfer of the Prvperty or a Beneficia� inter�st in Bvrrower. As used �n th�s <br /> Secti�n 18, "�nterest in th� Property" means any [ega� �r ben�ficia� inter�st in the <br /> Praperty, inc�uding, but n�t limited to, those beneficial interests transferred in a <br /> bond far deed, c�ntract fvr deed, installment sa�es contract o� escr�w ag�eement, <br /> tne intent of which is the t�ansfer �f title by B�rrower at a future date to a <br /> purchaser. <br /> If all Qr any pa�t of the Pro�e�ty or any I nterest in the Praperty is sald vr <br /> transferre� {�� if a B�rr�wer is n�t a �atu�al persan and a beneficial int�rest in <br /> Borr�we� �s sald or transfe�red� without Lender`s pr�or written cvnsent, Lende� may <br /> requi�� immediate payment �n fu�� of a�� sums secured by this �ecurity Inst�ument. <br /> Howe�er, th�s �ption shall not �e ex�rcised by Lender if such exercise is prohibited <br /> �y App��cable Law, Lende� a�sv sha�f not exercise this option if: �a} Borrower caus�s <br /> to �e submitted tv Lender informati�n requir�d by L�nder to e�aluate the intended <br /> transferee as if a n�w �oan were �eing made to th� transferee; and �b} Lender <br /> reasvna�aly determ�nes that L�nder's security wi�l not he impaired by th� [�an <br /> assumption and that the risk vf a b�each of any c�Wenant vr agreement �n th�� <br /> Security �nstrument is acceptab�e to Lender. <br /> To t�e extent p�rmitted by App���ab�e Law, Lender may �harge a reasonab�e fee <br /> as a cnnditian ta Lender's consent to th� ��an assumption. Lender a�so may require <br /> the transferee to s�gn an assumpt��n agre�ment that is acceptab�e to Lender and that <br /> ob�igates the transferee to ke�p al� the prvmi�es and agresments made in the Note <br /> and in this Security Instrument. Borrow�r wifC cantinue t❑ be abligat�d under the <br /> Nat� and this Security �nstrument un�ess Lender releases Bvrr�we� in writ�ng. <br /> If Lender exercises the �ptian to requ�re immediate payrnent in fu��, Lender sha�� <br /> gi�e Bvrrvwer notice of acce�eratian. The notice shal[ pro�ide a pe�iod of tl�t ��55 <br /> than 30 days from the date the notice �s g��en in accardance w�th Section �5 with�n <br /> which Borrower must pay a�� sums secured by this Security �nstrument. �f Borrawer <br /> fai[s to pay these sums pr�vr to the expirativn vf this pe�iod, Lender may in�oke any <br /> remedies permitted by this Se�urity I nstrun�ent w�th�ut further natice or demand on <br /> Bo���w��, <br /> �nitia[s: <br /> / �. <br /> Q�-$99R 4�5��} Page 4 af 5 <br /> 0 <br />