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89100043
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Last modified
10/19/2011 3:30:09 PM
Creation date
10/20/2005 9:10:05 PM
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DEEDS
Inst Number
89100043
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a <br />D. UNIFORM SECVRFI'V INSTRUMENT; GOVERNING LAW; SFVERABILITV <br />Uniform Covenant 15 of the Security Instrument Is amended to read as follows: <br />I$. llaitorto aeearNX ingramtat.. Goverdsj Law; SaveraWty. This form of Security Instrument combines uniform covenants for national use <br />and nonuniform covenants with limited variations by jurisdiction to constitute a unlforat security instrument covering real property. This <br />Security Instrument shall be governed by Federal law and the law of the jurisdiction in which the Property is located. In the event that any <br />provision or clause of this Security Instrument or the Note conflicts with applicable law. such conflict shall not affect other provisions of this <br />Security Instrument or the Note which can be given effect without the conflicting provision, and to this end the provisions of this Security <br />Instrument and the Note are declared to be severable. <br />L TRANSFER OF THE IrNWERTY OR A BENEFICIAL INTEREST IN BORROWER <br />Uniform Covenant 17 of the Security Instrument is amended to read as follows: <br />17. 7nmft of the Property or a Deadhead Interest is Borrower. If all or any part of the Property or an interest therein is sold or transferred <br />(or if a beneficial interest in Borrower is scdd o: transferred and Borrower is not a natural person) without Lender's prior written consent, <br />Leader tray. at Lender's option, deft*'ati tht sums secured by this Security Instrument to be immediately due and payable. However, this <br />option shall not be exercised by lxnclo if exercise is not authorized by Federal law. Lender may waive the exercise of this option if: (a) Borrower <br />causes to be submitted to Lender information required by Lender to evaluate the intended transferee as if a new loan were being made to the <br />transferee; and (b) Leader reasonably determines that Lender's security will not be impaired by the loan assumption and that the risk of the <br />bracb of mr y c m or agreement in this Security Instrument is acceptable to Lender. <br />Tftf the extent permitted by applicable law, Lender may chvge a reasonable fee as a condition to Lender's consent to the loan assumption. <br />Lender may also require the transferee to keep all the promises sad agreements made In the Note and in this Security instrument. <br />"If Lender exercises such option to accelerate. Lender shat t6&..l;ars (ewer notice of acceleration in accordance with paragraph 14 hereof. <br />Such notice shall provide a period of not less thanx.V bays frg6 Oe date the notice is mafled within which Borrower may pay the sums declared <br />due. If Borrower fails to pay such sums prior to the expirgtst?n: of such period, Lender may, without further notice or demand on Borrower, <br />invoke any remedies permitted by this Security Instrument," ' <br />"Notwithstanding a sale or transfer. Borrower will continue to be obligated under the Note and this Security Instrument unless Lender has <br />released Borrower in writing." <br />F. LOAN CHANTS <br />IF rinc Ioan secured by the Security Instrument is subject to a law which sets maxinium: Um charges, and that law is finally intxrpneted so . <br />that the imerest or other roar!, cba7m collected or to be collected in connection with the loan exceed permitted limits, then: (1) wW such loan' <br />urge shall be reduce! by the amount necessary to reduce the charge to the rArtnitted limier, and (2) air Kraus already collected from - borrower, <br />v:" eaaceeded permitted limits wiil.toe refunded to Borrower. Leader may choose to make toss iefund by reducing the principal owed under the' . <br />Note as dry malting a direct payntermt to Borrower. If a refund rer tdces principal. the reducdog i will be treated as a partial prepayment unuler the <br />Note. <br />IN WITNESS WHEREOF, Borrower Las executed this AdJustable Rate Rider <br />L <br />A <br />tZ <br />n` <br />a <br />D z <br />Lain. - (Seal) <br />Roger 13. Yense.n EVRROWER <br />.► (Sad) <br />Jeanette K. Jensen BORROWLA <br />kj�l' <br />K )I <br />BORROWER () <br />(SIGN ORIGINAL ONLY)- <br />.. /O P" <br />cm C> <br />QD <br />H <br />m O <br />O <br />M ° r v <br />1 tai <br />I- <br />M O <br />9y O <br />vv <br />tom► N �"� <br />f• <br />1.1 _ <br />
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