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1 U. UNIFORM SECURITY INSTRUMENT; GOVERNING LAW; SEVERABILITV Uniform Covenant 13 of the Security instrument is amended to read as follows: Is. Uniform security iastrt m"l; Goverahm Lary; Severablifty. This form of Security instrument combines uniform covenants for national use and non - uniform covenants with limited variations by jurisdiction to constitute a uniform security instrument covering real property. This 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 Provision or clause of this Security Instrument or the Note conflicts with applicable law, such conflict shall not affect other provisions of this Security Instrument or the Note which can be given effect without the conflicting provision, and to this end the provisions of this Security Instrument and the Note are declared to be severable. E. TRANSFER OF THE PROPERTY OR A BENEFICIAL INTEREST IN BORROWER Uniform Covenant 17 of the Security Instrument is amended to read as follows: 17. Transfer of the Property or a BaeflcW Interest In Borrower. If all or any part of the Property or an interest therein is sold or transferred (or if a bewficlal interest in Borrower is sold or transferred and Borrower is not a natural person) without Lender's prior written consent, Lender may, at Lender's option, declare all the sums secured by this Security Instrument to be immediately due and payable. However, this option shall not be exercised by Lender if exercise• is = ,awhorized by Federal U w•, Lender mfr• waive the emmtise of this option If: (a) Borrower causes to be submitted to Lender information required by Lender to evaluate the intended transferee as wf a new loan were being made to the transferee; and (b) Lender reasonably-• determines that Lender's sorority will not be #mpaited. by the Imn assumption and that the risk of the breach of any covenant or agreement in this Security instrument is acceptable to L:ndeT, To the extent permitted by applicable law, Lender may charge a reasonajlNe fee as a condition to Lender's consent to the Than assumption. Lender may also require the transferee to keep all t1w promises and agreements rmsdt; in the Note and in this Security Instrument. "if L Wider exercises such option to accelerate. Linder shall mail Borrower notice of acceleration in accordance with paragraph 14 hereof. Ssch Mow a shall proAde a p.cdod of not Icss :;pan 310 days from t ;e dutc the notice is mailed w;dun which borrower may pay the sums declared due. if ibirower fails to pay such sums prior to the expiration of such period, Lender may, without further notice or demand on Borrower, invoke any remedies permitted by this Security Instrument." "Notwithstanding a sale or transfer, Borrower will continue to be obligated under the Note and this Security Instrument unless Lender has released Borrower in writing." F. LOAN CHANGES If the loan secured by the Security Instrumensds subject to a law which sets maximum loan charges, and that law is finally interpreted so that the interest or other loan charges collected or to be collected in connection with the loan exceed permitted limits, then: (1) any such loan charge shall be reduced by the amount accessary to reduce the charge to the permitted limit; and (2) any sums already collected from borrower Which exceeded permitted limits will be refunded to Borrower. Lender may choose to make this refund by reducing the principal owed under the _ Note or by snaking a direct payment to Borrower. If a refund reduces principal, the reduction will be treatedas a partial prepayment under the Note. IN WITNESS WHEREOF, Borrower has executed this Adjustable Rate Rider. f17 L MZ W eery L. Kenyon BORROWER (Seal) _ O r •` Karen K. Kenyon RROWER -- (Sew) BORROWER (SIGN ORIGINAL ONLY). An co tn :- n CD CD ' T rn o N (!� o, trl 7.i � — d q�p r t17 \�f r