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L <br />f <br />0. VNIFORMSECURITY INSTRUMM", GOVERNING LAW; SEMERAIULFTY a <br />Uniform Covenant I5 of the Security lastrumemt is amended to read as follows: <br />15• OaKuerb 4 car at; Goveraifl Ltnet SemasriYty. This form of Security Instrument combines uniform covenants for national use <br />and nonuniform 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 airy <br />proviRtIn or clause of this Security Instrument or the Note conflicts with applicable law, such conflict shall not affect other provisions of this <br />Smutty Iutttumatt or the Note which can be given effect without the conflicting provision, and to this end the proV+'.x',ons of this Security <br />Instrument and the Owe are declared to be sucrable. <br />lE. TRANSFER 01,THE>rRtR4MW Olt A DENEFICIAL INTEREST IN BORROWER <br />Uniform Covenant 17 of the Security Instrument is amended to read as follows: <br />17. Tnmft of tie Property or a Reaelteial Inteeat is Borrown. If all or any part of the Property or an interest therein is sold or amisferred <br />(or if a beneficial interest in Borrower is sold or transferred and Borrower is not a natural person) without Lender's prior wrtttdtt consent. <br />Lender may, at Lender's option, declare all the sutras secured by this Security Instrument to be immediately due and payable. However, this <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) Borrower <br />causes to be submitted to Lender information. eocfuired by Lender to evaluate the intended:transferee as if a new loan were being made to the <br />transferee; and (b) Lender reasonably determines that Lender's security will not be impaired by the loan assumption and that the risk of the <br />breach of any covenant or agreement in this Security instrument is acceptable to Lender. <br />To the extent permitted by applicable law. Lender may charge a reasonable- fee as a condition to Loder's consent to the loan assumption. <br />Lender may also require the transferee to keep all the promises and agreementsmude in the Note and iii t Security Instrument. <br />"If Lender exercises such option to accdExate; !.ender shall mail Borru notice of accelera6tri i�i accordance with paragraph 14 hereof. <br />Such ucace shall provide a period of not less than 30 days from the date the notice is malted waltin stein Borrower may pay the sums declared <br />du&4f Borrower fails to pay such sums prior to the expirationof such period. Lender may, without father notice or demand on Borrower, <br />inv4Moy remedies permittwd by this Security Instrument." <br />"Notwithstanding a saleor. transfer, Borrower will continue to be obligated under the Note and tai s Security instrument unless Lender has <br />released Borrower in writing." <br />F. LOAN CHANGES ?` . <br />If the loan sewInstrument sewed by tae $cvtidty In is subject to a law whidi, v2:s maximum loan charges, and that law is finally itttrs>?trsr <br />that the interest oroftT:loan charges collected or to be collected in conms 7 -a with the loan exceed permitted limits. then: (1) any such idaa <br />charge shall be reduced by the amount necessary to reduce the ch -j:e3e to the permitted limit; and (2) any sutra already collected from borrower <br />which exceeded permitted limits will be refunded to Borrower.'I ev der may choose to make this refund by reducing the principal owed under the - <br />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 <br />.Note. <br />IN WITNESS WHEUOF,. Borrower kas executed this Adjustable Rutseltider. <br />(Seal). <br />e <br />Lary �RROWER <br />y <br />De a im e 5dl <br />-BORROWft <br />BORROWER (Seal) <br />(SIGN ORIGINAL ONLY) <br />r':v --1 w Cf A <br />�. <br />Op <br />fl <br />U) Z <br />r <br />i <br />1 <br />