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U. VNIFORM SFMIRM INSTRUMENT; GOVERNING LAW; SEVERABILffy. <br />Unl1.MVX0vMftt J$ Of the Security Instrument is Amended to read as follows: <br />111,4�-IJIMM WWI" In"aiiesit; Cave Law; Sev"alffilly. This form of Security Instrument cornli.ines uniform covenants'for national use <br />earl ;nAn�unii'vratr covemn13 with limited variations by jurisdiction to constitute a uniform security irohmment covering real property. IM <br />*mWity-Asedrument sUH be tovcmed by Federal law and the law of the jurisdiction in. which. the property is located. in the event that any <br />YrAvtsion.or clause of this Security Instrurvent or the Note conflicts with ' h applicable law, such conflict.shall not affect other provaions of ft <br />Swurtri,losirument or the Note which can be given effect without the conflicting provision, and to 61s; <br />end-Me provisions of this Security <br />Itsirunient and the Note are declared to be severable. <br />K TKANSFER OF THE FMFERIFY OR A BENMCM MEREST IN BORROWER <br />Uniform Covenant 17 of the Security Instrument is amended to read as follows: <br />Thindft of tk ftop" or a MenficM Isiered In Borrower. If all or any part of the Prop e rt*G'r' an interest therein 19'sard, "Ir transferred' <br />(or. if a. benarklal interest in Borrower is sold or transferred and Borrower is not a n1tisral person) without Lendee <br />prier *lea consera. <br />Lender may. at Lender's option. declare all the sums secured by this Security Instrument to be immediately dtfi--vi4, Piyib16--,-ft3wrver, this <br />option shall not be exercised by Lender ifexerdwLc not authorized by Federallaw. Lender may waive thnaker,& 4., tilis opti CM in (a) Borrower <br />causgo to be submitted to LA-nder information rvq;;::ad by L=dcr to,ew.sluxie the intended tr4ndema-asif, f- <br />AIMV�r lip �tothe <br />Awqe <br />transferee; and M Lender reasonably determLrm tzhzr Lvoikr"s security will not be impzirvid-byiho G igii. if i-And WAX the risk of the <br />breach of any covenant or agreement in this Sex m—tv Instrument is acceptable to Lender.. <br />TO the extent permitted by applicable law, Ltmder may charge a reasonable fee as a conJiVM1' try "r9sconsent to the loan assumption. <br />I-enddr may also require the transferee to kftpalfthe promises and agreements made in the Note and W. 01s Security Instrument. <br />"It tender exercises such option toaccel=ate. Lender shall mail Borrower notice of acceleration I , n accordance with paragraph 14 hereof. <br />Suah Mice shall provide a period of not few than 30 days from the date the notice is mailed within which Borrower may pay the sums declared <br />dim It Borrower fails to pay such sums psior to the expiration of such period, Lender may, without further notice or demand on Borrower, <br />invoke any remedies permitted by this Security Instrument." <br />"Notwithstanding a stile or transfer, Borrower will continue to be abligued under the Note and this Securim-lustrument unless Lender has <br />released Borrower in writing." <br />F. MAN CHANGF;S <br />If the loan secured by the Security Insummert is subject to a law which sets maxim ' um loary. c5 �. .aniffit4l law is finally interpreted so <br />that. the interest or other loan charges colketed or to be Collected in connection with the Joan. o== pr-niM:d Linits. then: (1) any such loan <br />charge 6hall be reduced by the amount necessary to reduce The charge to the permitted Vmm z and Pl 4T.a,sums &=dy collected from borrower <br />which exceeded Permitted limits will be refunded to Borrower. Lender may choose to marwe,.Ais refufffiby reducing the principal owed under the <br />Noe cn by making a direct payment to Borrower. If a refund reduces principal, the radw:ion will 1;0!rved as a partial prepayment under the <br />Note. <br />IN WFENNSIS WHFRFAF. Borrower kas txecated GI& Adjustable- Rx(e Rbkr.. <br />(Seal? <br />Pcnald L. Sherman BORROWER <br />311 Amy J. Sh6rffiih IYORROWER, (sea!) <br />1J, ZLI: a . (Seal) <br />Terry,/D. Ru OUSBORROWER <br />04ION OIVGINAL ONLY) <br />(Seal) <br />Carol R. Bushlhmsen <br />CA cro <br />V <br />2- <br />