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� L <br />• S" <br />D. UNIFORM SECURITY INSTRUMENT; GOVERNING LAW; SEVERABILITY <br />Uniform Covenant 15 of the Security Instrument is amended to read as follows: <br />15. Uniform secant, Instatmett; Governing Law; Seversbility. This form of Security Instrument combines uniform covenants for national use <br />and non - uniform covenants with limited variations by jurisdiction to constitute a uniform security instrument covering real `property. This <br />Security Instrt ment shall be governed by Federal law and the law of the jurisdiction in which the Property is located. In the event that any <br />provision or clause of this Security Instrument or the Note conflicts with applicable law, such conflict shall not affect other provisions of this <br />Security Instrument or the Note which can be given effect without the cdnftk1ir4x pmvisea, and to this end the provisions of this Security <br />Instrument and the Note are declared to be severable. <br />E. TRANS OF TM PROPERTY OR A BENEFICIAL INTEREST IN BORROWER <br />Uniform Pm -=ant 17 of the Security Instrument is amended to read as follows: <br />17. Thootf s of dw Proprty or s Beneficial Interest is Botrowae: Ef all or any part of the Property or an interest therein is sold or transferred <br />(or if Z beneficial interest in Borrower is sold or transferred and Borrower is not a natural person) without Lender's prior written consent, <br />I ender may, at Lender's option, declare all the scm;s secured by this Security Instrtanent to be immediately due and payable. Hoer, this <br />option shall not be exercised by Lender if exercise is not authorized by Federal law. Lender nmv waive the exercise of this option if: (a) Bormwec <br />causes • to be submitted to Lender inserma7en required by Lender to evaluate the intw4ed transferee as if anew loan were being made= iA. t2ir <br />transferrr, and (b) Lc; der reasonably dec minnes'4at Lender's security wilt eat be impai*d by the loan assumption and that the ri, '. df the <br />breach of any covesamo r agreement In this Secue;.trr Lastrument is acceptable to Gender. <br />To the extea petted by applicable law, Land& unay charge a reasonable fee as a condition:- T wdt es consent' the loaacmuraption. <br />Lender ruff zT,-o ; eu :i-r the transferee to keep all 6 - romises a ud agreements made in the blert>: and :x 'sss Security FR -ti-�; <br />.�srcfses such option to accelerate, Leader cared. Borrower notice in "- wrdaa syiifr: paragraph 14 hereof. <br />Su h s a period of not less than 30 days f--,-m 'be- 'I'll.e the K113dCe is mai':ed Atha whi dt HM v*--- maT pay the sums declared <br />doe. If iarrowzT eaas --o pay such sums prior to OLe PX:u%, Witter r 1;; kcut demand on Borrower, <br />woke an by ryas Security Insintmeet." <br />"Nw.wi"1 stanX - -qa s'�cer cow—c<fer, Borrower will continueu -• be obliga.c2 under the Note and this Secaft-1 Inv- ft=ent unless Leader has <br />released 8wower inwr,1d=g." <br />F. LOAN CHANGES <br />If the loan secured by the Security Instrument is subject to a law which sets maximum loan charges. and that law is finally interpreted so <br />that the interest or other loan charges collected or to be collected in connection with the loan exceed permitted limits, then: (1) any such loan <br />charge shall be reduced by the amount necessary to reduce the charge to the permitted limit; and (2) any sums already collected from borrower <br />which exceeded permitted limits will be refunded to Borrower. Lender may choose to make this refund by reducing the principal owed under the <br />Note or by making a direct payment to Borrower. if a refund reduces principal, the reduction will be treated as a partial prepayment under the <br />Note. <br />71 <br />IN WITNESS WHEREOF, Borrower has executed this Adjustable Rato Rider. <br />e&A -1 -Y JZOS;�­- (Seal) <br />Bruce A. Schuster BORROWER <br />(Seal) <br />EtRene F. SchusterBORROWER <br />(Seal) <br />Lois Ann Schu lS tt BORROWER <br />fN ORIGINAL fiNZY) <br />ti} <br />C <br />J. <br />z. <br />Jai <br />n <br />co <br />± <br />Q <br />ere <br />try <br />�.� <br />,1 W <br />ti <br />(li <br />co <br />r�r <br />Z <br />Lrr <br />O <br />P <br />ti} <br />C <br />J. <br />z. <br />Jai <br />