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89100551
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Last modified
10/19/2011 5:00:09 PM
Creation date
10/20/2005 9:14:23 PM
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DEEDS
Inst Number
89100551
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D. UNDORM SECURITY INSTRUMENT, GOVERNING LAW; SEVERABILITY <br />Uniform Covenant 13 of the Security Instrument is amended to read as follows: <br />IS. Uallorm Security h suit nti Goverdag Law: Seventblilty. This form of Security Instrument comb irms unif.Tm covenants for natio W use <br />and non- unt'jorm covenants with limited variations by jurisdiction to constitute a uniform security instrument, covering real property. This <br />9mrity Instnunent shall be governed by Federal law and the law of the jurisdiction in which the Property Jr. irrcated. M the event that any <br />provisiara 07, clause of this Security Instrument or the Note conflicts with applicable law. such coailict shall trcit a €fc. -t ots%cr pravisianS of this <br />purity 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 PROPERTY OR A BENEFICIAL INTEREST IN BORROWER <br />Pniform Covenant 17 of tine Security Instrument is amended to read as follows: <br />17. Trarsferef Ow Prop" or a Bmwilkid Ialtveat Im Borrower. If-all or any part of the Property or an interest; therein is sold or (rainier red <br />(or if a beneficial interest in Borrower is sold or transferred and Borrower is not a natural person) without Lender's prior written consent, <br />..Lender main at Lender's option, declare all the stuns secured by this Security Instrument to be immediately due and payable. However, this <br />'Option shall not be exercised by Lender if exercise is not authorized by Federal law. Lender may waive the exercise of this option if: (a) Borrower <br />•omruses 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;"(b) Leader reasonably determines that Lender's security will not be impaired by the loan, assumption and that the risk of the <br />breach of "-covenant or agreement in this Security Instrument is acceptable to Lender. <br />`%rtheextent permitted by applicable law, Lender may charge a reasonable fee as a condition to Lender's consent to the loan assumption. <br />:i a rider unL14so require the transferee to keep all the promises and agreements made in the Note and in this Security Instrument. <br />` if Y eoda exercises such option to accelerate, Lender shall mall Borrower notice of acceleration in accordance with paragraph 14 hereof. <br />Sims m dlee 4mRprovide a period of not less than 30 days from the date the notice is mailed within which Borrower may pay the sums declared <br />due. tff Morrow it fails to pay such sums prior to the expiration of such period, Lender may, without further ngt�ce or demand on Borrower, <br />invoke uriy remedies perthii•:ted by this Security Instrument." <br />"'Notwithstanding abs9k or transfer. Borrower will continue to be obligated under the Note and this Security, Instrument unless Lender has <br />released Borrower in wrWag." <br />F. LOAM MAKGES t <br />If the loan secured.prythe Security Instrument is subject to a law which sets maximum loan charges. and that law is finally interpreted so <br />that the inter+ mpr other:idwn charges collected or to be collected in connection with the loan exceed permiatedlimits, then: (1) any such loan <br />Charge Shall be:.rtsdtttxd bg_the amount necessary to reduce the charge to the _nertnitti!d titnit: stn 11)) M. , sums slr.�y coRwed f;= bar=c _ <br />which exceekd permitted iWts will be refunded to Borrower. Lender may choose to make this refund by reducing the principal owed under the <br />Note or by ctialinc .a directs payment to Borrower. If a refund reduces principal, the reduction will be treated as a partial prepayment under the <br />Note. <br />IN WITNIM MMWOC Borrower has executed this Adjust" Rate Rkkr. <br />TOMY'S INC. <br />TOMS Y . ARD%; � t (Seal) <br />(Seal) <br />TOf+6sl� r ARDS, I§TMLY <br />ik <br />(Seal) <br />BORROWER <br />(SIGN ORIGINAL ONLY) <br />T Z'- 00 <br />1 r m -< t� 4 <br />T1 a ' <br />y fi <br />. r rrr tan „ + 4 . Ir-+ <br />A � . t= • � _ � 4. • :, sc. is M <br />-an urn �, M i' S r• .�� C <br />' .. '� _ CPI <br />co <br />L <br />
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