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F, <br />f <br />r <br />D. UNIFORM SECtMM INSi'RUMF.NT: GOVERNING LAW; SEVERABILITY <br />Uniform Covenant IS of the Security Instrument is amended to read as follows: <br />13, Ua1 fora tcaft fit; Govaulm Law; Severabilitr. This form of Security Instrument combines uniform covenants for natiottal use <br />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 err 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 TRANSFM OF M PROPMW OR A BENEFICIAL tNTEMT IN BORROWER <br />Uniform Covenant 17 of the Security Instrument is amended to read as follows: <br />17. Traader of the PnMP q or ai Baellcial Interest in Borrower. If all or any part of the Property or an interest therein is sold or transferred <br />(or if a beneficW interest in Borrower is sold or transferred and Borrower is not a natural person) without Lender's prior written consmt,. <br />Lender may, at Lender's option, declare all the sums secured by this Security Gntrument to be immediately due and payable However, thb, . <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) Borrcw4r <br />causes to be submitted to Lender informaden required by Lender to evaluate the intended transferee as if a now loan were being made to the <br />transferee; and (b) Lender reawwMy deter+fnes that Lender's security will not be impaired by the loan assumption and that the risk of the <br />breach of any covenant or agreemem in this Sccu fri 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 traas5xee to keep all the promises and agnoememts made in the Note and in this Security Instrument. <br />"If Lender exercises such apron to accelerate. Lender sliall trail Bo: m-imr uwfm of acceleration in accordance with paragraph 14 hereof. <br />Such notice shat; provide a pezivd of not less than 30 days fiow the date the notice is mailed within which Borrower may pay the sums declared <br />due. If Borrower fangs to pad "mss: sums prior to the expiration of such per-tud, Lender may, without further notice or demand on Borrower, <br />invoke any remedies permitted, ii Security Instrument." <br />"Notwithstanding a sale oriniiwfer. Borrower will continue to be obligated under the Note and this Security Instrument unless Lender has <br />released Borrower in writing," <br />F. LOAN CHANGES <br />If the loan secured by the Security Instrument is subject to a law wlr.'st:h sets maximum loan diarges, and that law is finally interpreted so � <br />that the interest or other loan charges collected or to be collected in can>iwion with the loan exceed permitted limits, then: (I) any such likes <br />charge shall be reduced by the amount necessary to reduce the charge to, tia petmitte f limit; and (2) any sums already collected from borratwer <br />which exceeded permitted limits will be refunded to Borrower. Lender m ty goose to make this refund by reducing the principal owed under the <br />Note or by maWg•.a41rect payment to (Borrower. If a refund reduces primal, the reduction will be treated as a partial prepayment tinder the t <br />Note. <br />IN WETNESS WHER"iF, Borrower has executed thh Adjustable Rate Rider. <br />r <br />" t (Beal). <br />—1 F- nis L. Knuth BORROWtlt <br />Oil <br />A. <br />♦ anda m. 16- tl? IQ�izRO (Set1i <br />(Seal) <br />iBORROWIM <br />(SIGN ORIGINAL ONLY) <br />ca <br />R <br />• r <br />r. tl <br />0 <br />f1 'r tr P� r <br />f x} <br />G � ` <br />