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a D. UNIFORM SECURITY INSTRUMENT; GOVERNING LAW; SEVERABJKHY Uniform Covenant IS of the Security instrument Is amended to read as follows: is. UWfom une ty lodnm st; Gor eft law; SermMft. This form of Security instrument combines uniform covenanta Or, istional use and non uniform covenants with limited variations by jurisdiction to constitute a uniform security instrument covering real. ppperiy This Security Instrument shall be governed by Federal taw and the law of the jurisdiction In which the Property is located. In tee ev4t that any provision or cause of this Security Instrument or the Note conflicts with apptkable law, such conflict shall not a€fed c4her ptovi dons of this security Instrument or the Note which can be given effect without the conflicting provision, and to this end the prz0jans of tills Security Instrument and the Note are declared to be severable. B. TRANSFEit OF THE PROPElt7'Y`0111 A BENEFICIAL INTEREST IN BORROWER. Uniform Covenant 17 of the Security Instrument is amendedto read as follows: 17. TrNrda of t le !ro'eety or a Bteeflelal faUMI it Borrower. If all or any part of the Property or an interest therein is sold co transferred (or if a benerkW interest in Borrower is sold or transferred and Borrower is not a natural person) without Lender's prick w.-ftm consent. Lender may, at Lender's option, declare all the sums secured by this Security Instrument to be immediately due and payable. Riwever, this option: shall not be exerdsed by Lender if exercise is not authorized by Federal law. Lender may waive the exercise of M.. cpticn. i1f i (;f) Borrower causes to be submitted to Leader information required by Leader to evaluate the intended transferee as if a new loan wera being trade to the tramferee; and (b) Lender reasonably determines that Lender's security will not be impaired by the loan assumption and tear. ttya`risk of the breach of any covenant or agreement in this Security Instrument is acceptable to Lender. To the ca mt permitted by applicable law. Lender may charge a reasonable fee as a condition to Lender's consent to•tAtkan.assumption. Lender max: W require the transferee to keep all the promises and agreements made in the Note and in. this Security funs meat- •7f Lead .•ttercises such option to accelerate, Lender shall mail Borrower notice of acceleraliagin auce witi 6aragngh 14 hereof. Such notice shall provide a period of not less than 30 des3 from the date the notice is mailed within wbfch lkvtover Wray pry trer sutras declared due. If Borrower fails to pmy such saran prior to the expiration of such period, Lender may, without fturthei aotice or demand en Borrower. invoke any remedies permitted by this Security Instrument." ••Notwithstanding a seek or transfer, Borrower will continue to be obligated under the Note and this Secu tp Iastrumrul: ualm Lender has released Borrower in wri&W." F. LOAM CRANGFS If the font secured by the Security Instrument is subject to a law which sets maximum loam charges; au it!sttt lase i;'finaliOnterpreted so :. that the interest or other loan charges collected or to be collected in connection with the loan end iWLI[mim.. then. (11 any such loan charge shall be reduced G#!.t: -. amount necessary to ro;ko: the charge to the permitted limit; and (2) any': rim= alreaug cotieco:d f �•.m bacmwer which exceeded permitted ibmits will be refunded to Borrower. Lender may choose to make this refund by reduribg the prinxillul oared uglier the Note or by making a direct payment to Borrower. If a refund reduces principal, the reduction will be treated as a.pa;64psapa;t+ rjnt under the Note. / ( /. IN WITNESS WMs'•16EOF, Borrower has executed Ihts Adjustable Rate Placzek BORI.t0 E Pl <G��!•. i90itR.OVE7E12 BORROWER (SIGN ORIGINAL ONLY) �1Seal) -(Seal) S� `P hp N i. . r:► f7 e>a u1 CY10 M •• n _ 00 {i co ML un cod �• rry �� { i ``f S� `P hp N i. .