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89100574
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Last modified
10/19/2011 5:05:32 PM
Creation date
10/20/2005 9:14:36 PM
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DEEDS
Inst Number
89100574
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1 <br />D. UNIFORM SECURITY INSTRUMENT; GOVERNING LAW; SEVERABILITY <br />Uniform Covenant IS of the Security Instrument is amended to read as follows: <br />r <br />IS- Uvf 9m aecatt{ty hu"H Batt Geverdoll Law; Severabiifty. This form of Security instrument combines uniform covenants for national use <br />r and non - uniform covenants with limited variations by jurisdiction to constitute a uniform 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 Inutrument 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 <br />E. TRANSFER OF THE PROPERTY OR A BENEFICIAL INTERM IN BORROWER <br />Undmm Covenant 17 of the Security Instrument is amended to read as follows: <br />17. Tlrutshr of the Property or a Bkaefddal Ia emt is Borrower. If all or any part of the Property or an interest therein is sold or traatferred <br />(or if a beneficial. interest in Borrower is sOd:,w transferred and Borrower is not a natural person) without Lender's prior %litten consent, <br />Lender,may, at L.zader's option, declare all thn sums secured by this Security Instrument to be immediately drie 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 ootice M. (a) Borrower <br />causes to be submitted to Lender information required by Lender to evaluate the intended transferee as if a new loan were big 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 />breach of any covenant or agreement in this Security Instrument is acceptable to Lender. <br />To the extent permitted by applicable law. Lender may charge 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 and agreements made in the Note and in this s =Al y Instrument. <br />'If Lender exercises such option to accelerate. Leader shall trail Borrower notice of acceleration ni accordance with pw*-g anh 14 hereof. <br />Such notice shall provide a period of not less than 30 days from the date xlte notice is mailed within which Borrower may pay tfae sums declared <br />due. If Borrower ffails to pay such sums prior to the expiration of such period. Lender may, without further notice or deed on Borrower, <br />invoke any remedie's pertitted 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 Borro -*w in writing." <br />F. LOAN CHANGES <br />If the loan secured by the Security Instrument is subject to a law which sets maximum loan charges, and that Uw, is finally interpreted.so <br />thaA the interest or other loan charges collected or to be collected in connection with the loan exceed permitted omits, then: (1) any such loan <br />ebaree Shall L-- rer:sual by the a mamst taeoessus ¢o iWum ire charge to the pemdtted limit; and (z) airy sums already collected from borrower <br />which exceeded permitted limits will be refunded to Borrower. Lender may choose to make this refund by reduc�ag . the principal owed under the <br />Note or by making a direct payment to Borrower. If a refund reduces principal, the reduction will be treated as a partial prepayment under the <br />Note. <br />F) <br />m4 <br />X <br />IN WITNESS WHEREOF, Burrower has executed this AdjustaW Rate Rider. <br />Alfred W. Beckle3PORROWER <br />1M- 7 <br />& (Seal) <br />,rudith K. Beckler BORROWER <br />BORROWER <br />(SIGN ORIGINAL ONLY) <br />(sa). <br />i, <br />` a <br />rrs <br />= <br />D <br />c. <br />m <br />in <br />�� <br />c�a <br />n CIO -f to <br />OO <br />r* <br />M <br />rDn r� <br />„ rn <br />n <br />i <br />N d <br />'Tr M <br />rt/ <br />N <br />i— O <br />n <br />` a <br />
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