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2� 1 ��8� 17 <br /> B. TRANSFER OF T�E PR�PERTY �R A SENEF��IAL INTEREST �N B�RR�WER <br /> Uniform Co�enant �S of the Se�urity �nstrument is amended to �ead as fal��ws: <br /> Transfer of the Property or a Benef�cial Interest in B�rrawer. As used in t�is <br /> Sectivn �$, "Interest in the Pr�p�rty" means any le�a! or beneficial �nterest in the <br /> Pr�perty, �nciuding, but not limited t�, thase beneficia� inter�sts transferrec! in a <br /> b�nd fvr deed, �ontract for deed, instal�ment sales contract or esc�ow agreement, <br /> the �ntent of which is the t�-ansfer of tit�e I�y Borrower at a future date to a <br /> purchas�r. <br /> If a�l or any part of the Prvperty o� any 1 nterest in the P�-operty `rs sa�d or <br /> transferred 4or if a 6ar�awer is not a natura� persr�n and a beneficial �nterest in <br /> Borrower is s�ld or transferred3 withaut Len�er's privr written �vnsent, �ender may <br /> require immediate payment in full af afl sums se�uret� by th�s Security �nstrument. <br /> Howe�er, thi� option shall not b� ex�rc�s�d by L�ndgr if such �xercise is �rahib�ted <br /> by App�icable Law. Lender also shal� not exercise this �ption �f: �a} Borrower caus�s <br /> tv be submitted to Lender information required by Lender t� ��a�uate the intended <br /> transferee as �f a new i�an wer� b�ing made to the transfe�ee; and {b} Lender <br /> r�asanab�y dete�mines that Lender's security will not be impa�red by the loan <br /> assumptian and that the risk of a �areach of any co�enant or agreement �n this <br /> ��curity f��trum��t is a���ptab�e �t� L���e�. <br /> To the extent pe�mitte�! by App�icab�e Law, Lender may cha�ge a reasonab�e fe� <br /> a� a c�ndition ta Lender�s c�nsent ta th� foan assumpt�an. L�nder a�so may require <br /> the transferee to sign an assumptian agreement that is acceptab�e ta Lender and that <br /> ob�igates the transferee to keep all the pramises and agreements made in the Note <br /> and in this Security [nstrument. Barrowe� w��� continue to be vta��gated under the <br /> Nate and this Secur�ty fpstrument un�ess Lender releases B�rrnwer in writing. <br /> �f Lender ex�rcises the vption to requ�re immediate payment �n fuf�, Lend�r sha�� <br /> gi�e Borrnw�r nvtice of �ccelerat�c�n. Th� not�ce sha�� prv�ide a periad of nat ��ss <br /> than 3D days fram the date the nvt�ce is gi�en in accvrdance with Sectivn �5 within <br /> which Borrower must pay all sums secured by this Secu��ty I nstrument. If Sar�vwer <br /> fails to pay these sums prio� to the expi�ativn vf this p���ad, Lender may in�oke any <br /> remed�es permitted by this ��curity I nstrum�nt with�ut fu�ther natiGe or demand an <br /> Barrower. <br /> �nitials: L� 1�, <br /> ��899R �a5��� Pa�e 4 of 5 <br /> 0 <br />