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^ L t`. k I- D . UNWORN SEMM INSTRUMENT; GOVERNING LAW; SEVERAL KJT'V T Uniform Covenant 15 of the Security Instrument is amended to read as follows: IS- UaNOM eecvity Ian UMBIsst; Gever.ItN taw; SeTtOw tip. 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 no property. This Security Instrument shall be governed by Federal law and the law of the jurisdiction in which the Property is locucd. In the event that any provision or clause of this Security Instrument or the Note conflicts with applicable law, such conflict shall not affea other provisiaas of this Security Instrument or the Note which can be given effect without the conflicting provision. and to this and the provisions of this Security Instrument and the Note are declared to be severable. E. TRANSI+M OF THE PROPERTY OR A IENMCUL INTEREST IN DoilROWFR Uniform Covenant 17 of the Security Instrument is amended to read as follows: 17. Trudw of the V rogMty Ora leadleld Iotrred is Borrower. If all or any part of the Property 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 Leader if exercise is not authorized by Federal law. Lender may war: the exercise of this option if: (a) Borrower causes to be submitted to Leader information required by Lender to evaluate the intended transfem as if a new roam were being tmade to the transferee; and (b) Lander reasonably determine; that Lender's security will not be impaired by din loan assumption and that the risk of the breach of any covenant or agreement in this Security Instrument is a6nable to Lender. To the extent permitted by applicable law, Lender may charge a, iaisonable fee as a conditlpts to Lender's consent to the loan assumption. Lender may also require them=feree to keep all the promises and mgr ements made in the Note and in this Security Instrument. "if Lender exercises sansh option to accelerate; Lender shall mail Borrower notice of acceleration sill 80cQrdmxv wig pa a=h 14 hereof. Such notice shall provides period of max less than 30 days from the d*e the notice is mailed within which Borrower may pay the sums declared due. If lIctmwer fails to pay such sums prior to the expiration of such period, Leader may, without further notice or demand on Borrower, IhMoke any iemedies permitted by this Security Instrument." "Notwithstanding a sale er transfer, Borrower will continue to be obligated under the Note and this Security Instrument unless Lender bm mieased Borrower in writing:•'. F. LOAD MANGES If the loan "red .hyi time Security Instrument. is subject to a law which sets rawailaum loan charges, and that law is finally interprer�.so that the interest or other tins charges collected or to be collected In.-connection %A ft the loan exceed permitted: limits, then: (1) any such lasts charge shall be reduced by dw amount necessary to reduce the charge to the permitted 11mit; and (2) any sums, ,*eady collected from borrower which exceeded permitted limits will be refunded to Borrower. Lender may choose to make this reC7und by red �.ciing the principal owed under the Note or by snaking a direct payment to Borrower. If a refund reduces principal, the reduction w91 be treater ai . a partial prepayment under the Note. IN WITNESS WHEREOF, Borrower has executed this Adjustable Rate Rider. rn 7C � r �s RAYMCM," D. KrEEZE009ROWER LiwbA,K. KEEZIE RRO R f Seal) BORROWER (SIGN ORIGINAL ONLY) S • a •`f J =ear, S ip 7 —r t 1. :z rn co A m r D l� o VC { M j a •`f J