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2� 1 ��544� <br /> B. TRANSFER t]F THE PRC]PEF�TY qR A BE�VEF�C�AL �NTERE�T �N BDRRn1NER <br />. � LJnifarm C��enant �8 of the Secur�ty Instrument �s amended to �ead as fa���ws: <br />� T�ansfer vf the Property vr a Beneficia[ �nt�rest in Bvr��wer. As used in this <br /> Section �8, "�nt�r�st in the Pro�e�ty" means any legal �r beneficia! int�rest in the <br /> Pr�p�rty, inc�udin�, but nat lim�t�d tv, thase ben�ficia� interests transferred in a <br /> bond fvr de�d, c�ntract for deed, installment sa�es contract or escrow agr��ment, <br /> the intent of which is the transfer of title by Borr�wer at a futur� date to a <br />� purchaser. <br /> !f ail or any part af the Prvperty or any �nterest in the Prop�rty is sold or <br /> t�ansferred �or if a Borrawer is not a natura! pe�son and a benefic�a� interest in <br /> Bor�ower is so[d vr transferred} withaut Lender's priar wr�tten cvnsent, Lender may <br />. require immediate paym�nt in ful[ of al� sums S��U�"�� �7�I thfS Security 1 nstrum�nt. <br /> Howe��r, this vpti�n shail n�t be exercised by Ler�d�r �f such ex�r�ise is prohibited <br />� by App���abl� Law. Lender a�so shall not ex�rc�se this a�tion �f: 4a} Barrower causes <br /> to be submitted to Lender info�mation required by Lender t� e�aluate the intended <br /> transfer�e as if a new ��an were being made to the transferee; and �b} Lender <br /> reasonabfy determines that Lender's security wili not be impaired by the �aan <br /> assumption and that the r�sk of a bre�ch of any co��nant o� ag�eement in this <br /> Security Instrument is acceptable to Lender. <br /> T❑ the extent permitted by App��cab�e Law, L�nder may �harge a r�asonable fee <br /> as a c�ndition t❑ L�nde�'s cvnsent ta th� loan assumptian. L�nder a�sa may requi�� <br />� the t�ansfere� to sign an assumption agreem�nt that is acceptab�e to Lender and that <br /> obiigates th� transferee to keep all the promis�s and a��eements made �n the Note <br />� and in th�s Security �nstrument. Borrawer will continue t� be obligated unde�- tne . <br />, Note and this S�cu�ity �nstrument un�ess Lender releases Borrower in writing. <br /> lf Lender exercises the aption to require �mmediate paym�nt in fu��, L�nder sha�� <br /> , gi�e Barrower natice of acc�lerati�n. The notice shal� pro�ide a ��riad of not �ess <br /> t��ar� 3� �ay� �r��r� ���� cia t� t��� r��tic� �� �i��r� ir� a���r�ar�G� w���� ���ti�r� �� vvi����r� <br /> wh�ch Borr�wer must pay ali sums secured by this Se�urity Inst�ument. If Bor�ower <br /> fa��s t� pay these sums prior to the exp�rat��n af this pe�iad, Lender may in�oke any <br /> remedies permitted by th�s Security Instrument without further natice or demand on <br /> gorrower. <br /> �nit' . <br /> ��899R ��5��} Page 4 of 5 <br /> � <br />