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D. UNIFORM SECURITY INSTRUMENT; GOVERNING LAW; SEVERABILITY Uniform Covenant 15 of the Security Instrument is amended to read as follows: I5. Ualfam security Ifthi gist, Goverd" Law; StvsnMYty. This form of Security lastrurnent combines uniform cavenants for national use 1 and non - uniform covenants with limited variations by jurisdiction to constitute a uniform security instrument coveting real property. This 1 Security Instrument sthal) be governed by Federal law and the law of the jurisdiction in which the Propaty is located. In the event that Any provision or clause of thin Security Instrument or the Note conflicts with applicable law, such conflict shall not affect other pros�slons of this Security Instrument or the Note which can be given effect without the conflicting provision, and to this end the provisionsuf this Security instrument and the Notearedeclare:d to be severable. E. TRANSFER OFTHE PROPERTY OR A BENEFICIAL INTEREST iN BORROWER Uniform Covenant 17 of the Security Instrument is amended to read as follows: IT. Trager of tie Property or a Retei"Iatermt its Borrower. If all or any part of the Property or an interest therein is sold or transferred (or if a beieC,dal interest in Borrower is sold or transferred and Borrower is not a natural person) without Leader's prior written consent. Lender ma& a- Lender's option, declare all the sums secured by this Security instrument to be immediately due and payable. However, this option shall.mt beet erdsed by Lender if exercise is not authorized by Federal law. Lender may waive the exeleise of this option if: (a) Borrower causes to be: ='zmitird to Lender information required by lender to evaluate the intended transferee as if i new loan were being made to the transferee, and (b) Lender reasonably determines that Lender's security will not be impaired by the loan assumption and that the risk of the breach of amycovenant or agreement in this Security Instrument is acceptable to Lender. To the extent permitted by applicable 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 keep all the promises and agreements made in the Natcand in this-Security Instrument. "If Lender exercises such option to accderarf.- Lauder shall mail Borrower notice of acm1tiation irfuwt4 anee with paragraph 14 hereof. Such natfi7 shall provide a period of nat Im than 36 days from the date the notice is mailed w;tf lti -which Borrower may pay, the sums declared due. lfr *ri-mwer fails to pay such suers to the expiration of such period, Lender mak - without further notice or•*4=Zttd on Borrower, tvosea--y remedies permitted by this Security Instrument." "Notwithstanding a sale or transfer, Borrower %ill continue to be obligated under the Note and this Security Instrument unless Lender has pleased Borrower in curt Wig." F. LOAN CHANGES if the loan secured by the Security Instrument is subject to a law whi:h sets M"mum loth cfiarges, and that law is finally interpreted so tt[:at the interest or other loan charges collected or to Ls= collected in cornaLtion %ilh the loan exceed permitted limits, then: (1) any such loan charge shall be reduced by the amount necessary to reduce the charFc m the p:rmitte>d limit; and (2) any sums already coilrxted from borrower { �� which exceeded permitted limits will be refunded to Borrower. Len6a- rr.'ay choose to make this, rri'und by reducing the prindpal owed under the ^ — Note or by making a direct payment to Borrower. If a refund reduces prindpAi the reduction sill be treated as a partial prepayment under the = Note. IN WFPNESS WHEREOF, Bormwer has executed this Adjustable: Rate Rldtr. (Seal) h=ZLE. Cho t IWRROWER (seal) F1 beth L. C st&ggROWER — _.. (Seal) BORROWER (SIUN ORIGINAL ONLY Ste!! i D �`! v co C, ? ra .� r� •f •j i N OL M Cn N 1 t 71 'tt fr ' 7 .x y {