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r L i U. UNIFORM SFCURM INSTRUMENT; GOVERNING LAW; SBVERABILM Uniform Covenant IS of the Security Instrument is amended to read as follows: IS. Unifwas treacly Gowan Law; Smn MYty. This form of Security l astrument combines uniform covenants for national use and non - uniform covenants with limited variations by jurisdiction to constitute a uniform security instrument covering rent property. This Security buttumient shall be governed by Federal law and the taw of the jurisdiction in which the Property is located. Jn the event that any provision or clause of this Security Instrument or the Note conflicts with applicable law, such conflict snail not affect other provisions of this Security Instrument or the Note which can be given effect without the contiictitts provision, and to this end the provisions of this Security instrument and the Note are declared to be severable. £. TRANSFER OF THE MM EM OR A BENZ WWhL INTEREST IN BORROWER Uniform Covenant 17 of the Security Instrument is amended to read as follows: 17. Taader of die Fropeaty er a Reaelidd halm t to Bommer. 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 BusTower is not a natural person) without Lender's prior wTltten consent. Lender tray, at Lender's option, declare all the sums secured by this Security Instrument to be immediately due and payable. However. tltgs option shall not be exercised by Lender if exercise is ent- tiuthorized by Federal law. Lender may waive the exercise of this option ff- ,'f(&)11orrowin causes to be submitted to Lender information t by Lender to evaluate the intended transferee as if a new loan were bed anode to ter. tramferor and (b) Lender reasonably determine that Lender's security *Ol not be impaired by the loan assumption and that de *ir bf ti e breachof any covenant or agreement in this Security Instrument is acceptabloto Lender. `To the extent permitted by applicable law. Lender may charge a reasonable fee as a condition to Lender's cansrtt to the loan assumptIem: Linder may also require the transferee to keep all the promises and agreem ;nts made in the Note and in this Security Itsstrument. "If Lender exercises such option to acceler m, Lender shall mail Borrower notice of acceleration in accordance with parar pit;I4 hereof. Such notim shall provide a period of not less tlmi O days from the date ci_r notice is mailed within which Borrower may pay the sums declared ' due. If Borrower falls to pay such sums prior to the expir -of st& Fieriod. Lender may, without further notimor demand''& Borro*i;r, invoke any remedies permitted by this Security Instrument.- "Notwithstanding a sale or transfer, Borrower will continue to be Obligated under the Note and this Security Instrument unles .ipder has ` released Bonowerknwriting." F. LOAN CHANGES If the loan secured by the Security Instrument is subject .o a law which sets maximum loan charges, and that lave is finally interpreted so that the interest ev other loan charges collected or to be collected in connection with the loan exceed permitted limits, then: (1) any such loan charge shall be rcdwW by the amount necessary to reduce the charge to the permitted limit; and (2) any sums already collected from borrower which exceeded permitted limits will be refunded to Borrower. Lender mzg,, .Noose to make this refund by reducing the principal owed under the Note or by making a direct payment to Borrower. If a refund reduces prircipztt, the reduction will be treated as a partial prepayment under the Note. IN WITNESS WHEREOF, Borrower has executed tltb Adjastab, Ute Rlder. (Seat) 1.3aniet u. fares BORROWER (SIGN ORIGINAL ONLY) 41� i — 1 ;lY r t co c 011 + I � N CX) � m .t 41� i — 1 ;lY r t