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r ' D. UNIFORM SECURITY INSTRUMENT; GOVERNING LAW; SEVERABILITY Uniform Covenant 15 of the Security Instrument is amended to read as follows: -I5. Uaifwn wmidly fit; Govern ft Ltur. SexMI0111 r. This form of Security instrument combines uniform covenants fornational use and non - uniform covenants with limited variations by jurisdiction to constitute a uniform security instrument covering teal property. This Security Instrument shall be governed by Federal taw and the law of the jurisdiction in which the Property is located. In the event that any provision or clause of this Security Instrument or the Note conflicts v Ath applicable law. such conflict shall not affect other provisions of this Security Instrument or the Note which can be given effect without the conflicting provision, and to this end the provisions of this S;,ecurity Instrument and the Note are declared to be severable_ I:. TRANSFER OF IM PROPERTY Olt A BENEFICIAL INTEREST IN BORROWER Uniform Covenant 17 of theSecurity Instrument is amemled to read as follows: 17. Tmeater of tie Property of Q d iiterw fta Reirrower. If all or any part of the Proper or an interest therein_ i.s §' or Van Teiced (or if a beneficial interest in Borra :ir;vold or transferred and Borrower is not a natural per past) without Lender's pripr wrin.n nt Ment, Lender may, at Lender's epti z;_, deci!a i SI the sums secured by this Security Listrument to be immediateki dix and pa) a!' 1r_ ]However, this option shall not be exercised by Lender if ext rcise is nor su iorized by Federal law. Umder may waive the exw cise. of this optima if: (a) Wdrower causes to be submitted to .Z en information . regtpf..J EF Lender to evaluate the intended transferee as if a vi -aoan w= Ong made to the transferee, and (b) Lender reasonably det=ines that leader's secuity will not be impaired by the loan ass>z-in -tion and :qua the risk of the breach of any covenant or agreement in ¢'It 6$ecurity Instrument is ac�3table to Lender. To the extent permittedl~y applicable law, Lendea May c:R ge.6 ;tasonable fee as a condition to Lender s'c' ahsent to the loan assumption. Lender may also require t3eetai.Esferee to keep all the ; ciris;s any agreements made in the Note and in this see6ii_y Instrument. "If Lender exercises such option to accelerate, Let3dM:kbzM=feel" Borrower notice of acceleration in accordance with paragraph 14 hereof. Such notice shall provide a period of not less than 30 days't4Jri 11t: v'iata the notice is mailed within which Borrower may pzy :the sums declared due. If Borrower fails to pay such sums prior to the expiration of such period. Lender may, without further notice or & -inand on Borrower." . invoke any remedies pemitted by this Security Instrument." "Notwithstanding a sale nr transfer, Borrower welcontinue to be obligated under the Note and this Security Instrument unless LendciUas released Borrower in writing." F. LOAN CHANGES If the loan secured lv -,,lne Security Instrument s si: +:,jeer to a law which sets maximum loan eht- s; in& that law is finally interpreted so ,&hv, tux interest or other Imn charges collected or to he collected in connection with the loan ez permitted limits, then: (1) any such loan charge shall br.rwduced Iz-y the amount necessary to reduce the charge to the permitted limit: and (21 any sums already collected from borrower which exceedad �nermittad ti nits will be refunded to Borrower. Lender may choose to make this refund by reducing the principal owed under the Note or by matting a di,r= payment to Borrower. If a refund reduces principal, the reduction will he treated as a partial prepayment under the ttil�ce. IN WITNESS WHEREOF. Borrver has executed this Adjustable Rate Rider. 1P low Seal) Karl T. Belson BORROWER Kathie L. melsor BORROWER (Seal) BORROWER (SIGN ORIGINAL ONLY) �'�` a n to rn fn --'t M tf + ry C •y j tv -o .1 ell PC tsi C77 i � z f