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-x ;1 D. UNIFORM SECURITY INSTRUMENT; GOVERNING LAW. SEVERADMITY Uniform Covenant IS of the Security Instrument Is amended to read as follows: is. Uniform etrarity Iertr EW01; Gove1102 IAw; SeVerablilty, This form of Security instrument combines uniform covenants for nutiond use and not - uniform covenants with limited variations by jurisdiction to constitute a uniform security instrument coveting red 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 lnstmm nt 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 M)FERTY OR A BENEFICIAL IMAM IN BORROWER Uniform Covenant 17 of the Security Instrument is amended to read as follows: 17. Treader of tie lh*Mty or a Neaerseld Iateml to 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 Lender if exercise is not authorized by Federal law. Lender may waive tht exercise of this option if: (a) Sorrowa causes to be submitted to Lender information required by Lender to evaluate the intended transferee as if a new. loan were being made to the transferee; and (b) lender reasonably determines that Lender's security vnU mat be impaired by the loan assumption and that the tfsk of the breach cf any covenant or agreement im ibis Securirj Instmmeatis a;ceptab�o ta.lender. Tiztii r extent permitted by a -Ne law. Lender ma7i4tirikm a reason t-fe fee as a condition to Lender's conse= 201be lean assumption. Lender!niti require the transferee keep all 016i" ;: reente tr~ mWe in the Note and in this Se;ti,,s Lnstrumeew "If Lender exrsa es such option to acceleB ,Tender shall ^.ail Bonvism notice of acceleration in aww-dance with lawWwg�h 14 hereof. Such notice shag prop Ie a period of not less than 30 days from the date the eeZwe is mailed within which' Borrower may pay the sums declared due. If Borrower fails to pay such sums prior to the expiration of such period, Lender M2-,r.. without further notice or demand on Borrower, invoke any remedies permitted by this Security Instrument." "No*tbstandity #a sale or transfer, Borrower will continue to be obligated under the mate and this Security Instrument unless Leader has released Borrower in writing." F. LOAN CHANGES fftte loan secured by the Security instrument is subject :o a law which sets m" —m tdan charges. sz&that :94. w n.5 ff_mny interpreted so < • that the interest or other loan charges collected or to he collected in connect: ja T*th tt- `t mn exceed permitted Urnits; then• (1) any such loan charge shall be reduced by the amount necessary to reduce the charge to the P rA :ed Uzdt; and (2) any sums already collected from borrower ' `- which exceeded permitted limits will be refunded to Borrower. Lender may choc -se to mal.ettts refund by reducing the principal owed under the 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 i ,• Note. IN WITNESS WHEREOF, Borrower has executed this Adjustable RsUrlHder. (Sew) Edt�i n J . Bills BORROWER MEN A .. (seal) BORROWER Carolyn L. Bills BORROWER (SIGN ORWINA:L ONLY) C-0 [� N r - rj .r CA CIS CA fl, CIO �Ali L 9= Us t` a r Y �s�