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__3� -� -_- � � � � � f D. UNIFORM SECURITY INSTRUMF.NT;GOVERNING LAW;SEVEItABlI.ITY Uniform C:ovenant IS of the Secz►rity lnstrument is amended co read as follows: � - � 15. UNform stco�ity la+trameet;Goverde=l.�w;Sc�erabipty.TF�is Porm of Security Insirument rombines uniform covenants for national use and non•uniforrn covenaats tivith limited variatiot�s by jurisdtction to rnnstitute a uniform security itulrument co�ering�eal propecty. This � Security Instrument shaU be gaverned by Fedcral law and the law of thc jurisdiction in which the P�operty is located. In the cvcnt that any �� grnvision or clauu of lhis Securit�In.ctrument or the Alnte confllcts with apgticable lav►,such confltct sha11 nat affect ather pratisians af this" Security Instrument or the Note which can be given effect without the conflicting provision, and to this end the pravisions oi'this Security instrumrnt and the Note are dectared to be seve�able. � & TRANSFER OF THE P1tOPERTY Ott A BENEFICIAL 1NTER�S�'IN BORROWER Uniform Covenant 17 of the Securlty Instrument is amended to read as follows: — l7. Tnasier ut tYe Property o►a Be�efkisl leterat in Borrower. If all or any pan of the Property or un interest therein is sold or traasferred � (ar lf a beneftcial interest in Borrov�er is sold or transferred and Bon�wer is not a natwal person)without I,onder's prior written consent. Lender may.at Lei�der's option,declare all thc sums secured by this Security Instrument to be immediatdy due and payable. However.this aption shall rtot be oxercised by Lender if exercise is not authorized by Federal law.Lender may waive the exercise af this optlon if:(a)Borrower causes to be submitted to Lender iaformation required by Lender to evaluate the intended transferee as if a new loan were being made to the transfera;and(b)Lender reuonably determines that Lender's security will not be impalrcd by the loan assumption and that the risk of the breach of any rnveaant or agrament in th9s Security Instrument is acceptable to Lender. � To the extent perniltted by appllcable law,Lendcr may charge a reasonable fee as a condition to Lender's consent to the loan assumption. Lender may also require the transferee to kap all the promises and agreemenis made in tht Note and in th9s Secudty lnstrument. "lf Lender eaercises such option to accelerate,Lender shall mail Borrower notice of accelerarion In accotdance with paragraph 14 hereof. Such notia shffi1 provide a period of not less than 30 days from the date the notice is mailed within which Sorrower may pay the sums declared due.If Borrower fails to pay such sums prior to the expiration of such period.Lender may,without further notice or demand on Borrower, invoke any remedies permitted by this Security lnstrument." "Notwithstanding a sale or transfer,Bonower wlll continue to be obligated under the Note and this Secwlty Instrument unless Lender has releasod Borrower in wridng." F. LOAN CHANGES � If the loan secured by the Secwity Instrument is subject to a law which sets maximum loan charges,and that law is�nally interprtted so that the iaterest or other loan charges mllxted or to be collected in connection with ihe loan exceed permitted limits.then: (1)any such loan � charge shall be reduced by the amount neassary to reduce ihe charge to the permitted limit;and(2)any sums already colttcted from borrowet 1 ..r. whiCh e7tCeeded permitted lirnits w1U be refunded to Rnnnwer;i ender may chnnce tn makr thic refnn�l hv��vi��rino fh�nrinrj�l nwki��r�l�r thw ± "' � Note or by making a direct payment to Bonower.lf a refund redures principal,the reduction will be treated as a partial prepayment under the � Note. � IN WITNESS WHEREOF.Borrower 6�execated this AdjusUtbk Rate Rider. — r or/ (s�) e . Govig ORROwER �. . � � J � �� : Joy n R,� Govig Bo R R ` • . � ��`�;',> �r cs�n BORROWER (SIGN ORiGINAL ONLY) C•:.7 r� U� � r- G� c_� —{ A► � �y . . _� Z C� G7l�9 � � � 11 � - � { : A � p � Li � � � '` � � x � =, . . . � � s � � "" 4 � ' . � : "� - - — - � `� � . - . , i--—— � � . , v � , ' � .i � ` / 1l 1• „` ,-, ��J ,� �y I � � � �i ,J� _ � i.. .� '� � ., � � � � r � p � .. �� �� ; � f !' ,! F � �!• � �.��r ' \) � ! Y' }t�?'- :��,r:. ��r j r �L