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F 7 . f 'I 1 D UPiIFQRM SECIt1i M INSll7tI111IM.— GOVERNING LAW., SEVERABILM Uniform Covenant 15 of the Security Instrument is amended to read as follows. IS- Ualfam s TUVI 1100 umetttt Govaska Law. Seraral+iity. This form of Security Instrurneltt combines uniform covenants for national use and non- uniforar covenants with limited variations by jurisdiction to eonttitute a uniform security instrument covering real property, This Security Instrument stall be governed by Federal law and the law of the jurisdiction in which the Property is located. in the evert that any provision or clause of this Security instrument or the Note conflicts with applicable law, such conflict shall not affna other provisions or" Security Lnstrument or the Note which can be given effect without the conflicting provision, and to this end t* provisions of this Security Instrument and the Noteare declared to be severable. L TRANSFER 4W TIM FROPERIT OR A BENEFiM4,L INTEMT IN BORROWER Uniform Covenant 17 of the Security lastrutnent is amended tmntad as follows: 17. Un dim of der l"erty we Bamtkid Iatermt is Borrower. If all or any part of the Ptoperty or an interest therein is sold or transferred (or if a beneficial 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 not authorized by Federal 12x. Lender may waive the exercise of this option if: (a) Borrower causes to be submitted to Lender information required by Lwder to evaluate the intended transfuc as if a new loan were being made to the transferee; and (b) Lender reasonably determines that Lender 4i sixurity will not be impaired by the loan assumption and that the risk of the breach of any covenant or agreement in this Security lnstrumeatk-, anceptable to Lender. To the extent permitted by applicable law, Lender may chugp a� rea,anable fee as a condition to Lender's consent to the loan assumption. Lender may also require the transferee to keep all the praml s and meats made in the Note and in this Security instrument. "If Leader exercises such eption to accelerate, Lender shall mail Burrower notice of acceleration in accordance with paragraph lA hereof. Such notice shall provide a period of not less than 30 days from the date the notice is mailed within which Borratvar may pay the sums declared due. If Borrower fails; to pay such sums prior to the expiration of such period, Lender may, without further ncz ct 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 Iuatrtuaent unless Lender has relenspi Borrower in writing." if;'.• 1f:0AN CHANGES f If the loan secured by the Security Instrument is subject to a law which sets maximum loan chi rges, and "tfirt Isw is finally interpreted so thar the interest cr other loan charges collected or to be collected in connection with the loan rxaot permitted l;m;ts, then: (1) any such loan charge shall be riaduced by the amount necessary to reduce the charge to the permitted limit;'and (2), any suns already collected from borrower which exceeded permitted limits will be refunded to Borrower. Lender may choose to make this teftmd by reducing the principal owed under the Note or by making a direct payment to Borrower. If a refund reduces principal, the reddcd6n will be treated as a partial prepayment under the Note. IN WITNESS WIUMEOF. Borrower lfrumeated this Adjustable Rate Rider. y� (Seal) Ro ald B. Baldwit,, POR-ROWER r, %'Jit.i (seal) RhoKda J. B o (I Qty?-'V!1 ►FIR (Seal) (SIGN ORIGINAL ONLY) rai OD A CD M F :, cn CD ir' !n ,L �J t� � f nXM c w � 4 (Seal) (SIGN ORIGINAL ONLY) rai OD A CD M F :, cn CD ir' !n ,L �J t� � f