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201503433 B. TRANSFER OF THE PROPERTY OR A BENEFfCIAL INTEREST IN BORROWER Section 18 af the Security [nstrum�nt is arr�ended to read as follows: Transfer of the Property or a Beneficial [nterest in Borrower. As used in this Section 18, "Enterest in the Property" means any legal or beneficial interest 9n the Proper�y, incfuding, but not ]imited to, those beneficial interests transfierred in a band for deed, contract for daed, insta[Iment sales contract or escrow agreement, tF�e infent of which is the transfer of #itle by Borrower at a future date to a purcl�aser. !f all or any �art of the Property or any interest ir� the Properfy is sold or transferred (or if Borrower is noi a natura� person and a beneficial interest in Barrower is sold or transferred} without Lender's prior written consent, Lender may require immediate payment �n full o�F alf sums secured by this Security Instrument. FEawe�er, this option shal[ not be exercised by Lender if such exerc�se is prahibited by Applicabfe �.aw. Lender also shall not exercise this option if: (a) Borrower causes to be submitted to Lender inforrrtation req��red by �ender to evaluate the intended transferee as if a new foan were being made to the transferee; and (b) Lender reasonabfy determines that Lender's S�CLI1'i'�Y wili not be ir�paired by fhe loan assumption and that the risk of a breach of any covenant or agreement in this Security Instrumenf is accepfabfe to Ler�der. To the extent permitted by Applicable Law, Lender may charge a reasonable fee as a condition to Lender`s consent to the loan assumption. Lender may alsa req�aire the transferee to sign an assumption agreement that is acceptable to �ender and thaf obligates the transferee to keep all the promises and agreements made in the Note anc! in this Security Instrurr�ent. 8orrower will coRtinue to be abligated under the Note and this Security ]nstrum�nt unless Lender refeases Sorrower in writing. If Lender exercises the option to reAuire immediate payment in fulf, Lender shalf give Borrower notice of acceleration. The notice shalf pravide a period of not less than 30 days frorn the date the notice is gi�er� in accordance with Section 95 within which Borrower rr�ust pay a[I sUms secured by t�is Security Instrument. If Borrower fails to pay these sums prior to the expiration of this �eriod, Lender may in�oke any remedies permitted by this Security Instrument wiihout fUrther notice or demand on Bo rrow er. 240Q8622 MULTISTATE ADJUSTABLE RATE RIDER-ARM 5-2 Fannie Mae 4-215�216-2 ARM Single Family - Fannie MaelFreddie Mac UNIFORM INS7RUM�N7 Form 39 �1 �101 VMP � V P822R(0804} Wolters Kluwer Fnancial Services Initials: Page 3 of 4 ��