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2� 1 ��8745 2.AFTER B�RR�]WER'S I�IT iAL�T7C�RE ST RATE CHANC�E�i�TNDER THE TERMS STATED IN SECTI�N A AB�VE,UN�F�R�+VI��V��V'ANT 1$��'THE SE�URITY INSTRUMENT DES�RIBED IN SECTI�N B1 AB�VE SHALL THEN �EASE T�BE IN EFFE�T,AI1TD THE PR�VISI�NS�F�JNI��RM C�VENANT 18 �F THE SE�URITY INSTRUMENT SI-�ALL BE ANf:ENDED T�R�AD AS F�LL�WS: Transfer�f th� Property �r a B�neftciai int�rest �n Borrower. As us�d in th�s Section 18, "Irtterest i�r th�Pro�ert�"mea.ns any legal or ber�ef cia� interest in th� P�a��rty, lI7G�U(�1I7�, but not l�mited to, those�enef�ial i�.terests transf�rre�i �� a bond for deed, con�ra�t for deed, instailm�nt sales car�tract or escravv a�ree�n�n�,the i�tent of v��hich is th�transf�r of t�t��by Barr�vver at a future date ta a purchaser. I f a�1 ar any par�of t��e Property or any Interes� i n th� Pr�perty i s sa�d or transf�rred�or �f Borrower is not a natural pers�n and �.�enef Gial interest i�� Borrc�r��r is sold ��r transferred�wi�hout Lend�r's pri or�vr�tten con sent, L�nder may requ�re immed i ate payrnent i r� fu I1 af ai 1 sum s secured hy th is Security Instrument. How�ver, this option shall n�t be e�er�ised by Lenc�er if such exercise is prohibited�y Applicable Law. Lend�r a�so �hal� rio�ea�ercise this opti�n if: �a} B�rrawer causes to be submitted to Lender infarmation re�uir�d by Lend�r to�valuate the int�nded transferee as if a new loan were being made t�the transferee; and (b} L�nd�r reasanably determ�nes that Lender's security vwill n�t be impaired by the laan assumptian ar�d�ha�the risk of a breach of any covenant or agreement in this Security Ins�rument is acc�ptahle�c��,ender. To the ex�ent p�rmitted b�Applicable Law, Ler�d�r may charge a reason�.b�e fee as a conditi�n �o Lender°s c�nsent to th�Iaan assurnp�ion. Lender m�.y als�rz9uire the transferee to �ign an assumption agreement tha�t is acCeptable to Lend�r and that obligates the transferee to keep all the promises and agreemen�s made in the Note and in this Secur�ty Instrument. Borra�ver will continue to be�bligated under the Not�and tl�is Security Instrument unless Lender rei�ases Borrawer in writing. If Lender e�er�ises the opti�n t� r�q�.�ir� irr�mediate payme��in fuli, Lender shall gi�e Borrovver na�i�e af a�celera�ion. The n�tice sh��l pr�-�ti��de a peri��n�'n�� less th�an 3� days from the date the notice is given in acc�rc��.nce vvrth Secti�� l� w��hi�which Borr�wer must pay all sums seeured by this Se�uri�y Instrument. If B�rrower fai��to pay these sum�s prior to th��xpiration af this period, Lend�r may in�oke any remedies permiited by t��is Security Instrument wi�hout furth�r n�tice or demand an Borrawer. HCFG-Od027 �4�32�fl71�215 MU�T�sTATE Ao,�uSTAe�E RArE Rio�R-l-Year LiBnR lndex(Assumable after Initial Periad�SingEe Family- Fvrm 5131 31�4 Freddie Ma�UNIFDRM INSTRUMENT VMPC�] • �5113 Walters Kluwer Finar�cial Services ��1fi121915.3.2.35U9-J201fid7Z1Y Page 3 vf 4