200007439 - Laserfiche WebLink

Browse

200007439 B. TRANSFER OF THE PROPERTY OR A BENEFICIAL INTEREST IN BORROWER Uniform Covenant 17 of the Security Instrument is amended to read as follows: Transfer of the Property or a Beneficial Interest in Borrower. If all or any part of the Property or any interest in it 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 its option, require immediate payment in full of all sums secured by this Security Instrument. However, this option shall not be exercised by Lender if exercise is prohibited by federal law as of the date of this Security Instrument. Lender also shall not exercise this option if: (a) Borrower 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 will not be im- paired by the loan assumption and that the risk of a breach of any covenant or agreement in this Security Instrument is acceptable to Lender. To the extent permitted by applicdble law, Lender may charge a reasonable fee as a condition to Lender's consent to the loan assumption. Lender may also require the transferee to sign an assumption agreement that is acceptable to Lender and that obligates the transferee to keep all the promises and agreements made in the Note and in this Security Instrument. Borrower will continue to be obligated under the Note and this Security Instrument unless Lender releases Borrower in writing. If Lender exercises the option to require immediate payment in full, Lender shall give Borrower notice of acceleration. The notice shall provide a period of not less than thirty (30) days from the date the notice is delivered or mailed within which Borrower must pay all sums secured by this Security Instrument. If Borrower fails to pay these sums prior to the expiration of this period, Lender may in- voke any remedies permitted by this Security Instrument without further notice or demand on Borrower. BY SIGNING BELOW, Borrower accepts and agrees to the terms and covenants contained in this Adjustable Rate Rider. tnA x i M 6L (Seal) WENDY DGHJL Borrower _ (Seal) - Borrower _ (Seal) - Borrower _ (Seal) - Borrower STATE OF NEBRASKA HALL County ss: On this 1St day of September 2000 before me, the undersigned, a Notary Public duly commissioned and qualified for said county, personally came WENDY EDGHILL a single person to me known to be the identical person(s) whose name(s) are subscribed to the foregoing instrument and acknowledged the execution thereof to be her voluntary act and deed. WITNESS my hand and notarial seal at GRAND ISLAND NEBRASKA in said county, the date aforesaid. NEAAL NOTARY-State of Nebraska My Commission expires: (�) KATHRYN KLUSKA Notary Public My Comm. Up. Aug. 1, 2002 We are an Equal Employment Opportunity /Affirmative Action Employer M/F M31111.frm (8/94) Page 2 of 2