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r <br />11. LINIFURM Sl:t :ll III IY INSTRIINIEN]; 1i11VERNl%G I AR; St. :%ERAfill•ITV <br />Uniform Covenant 1S of the Serurit) Instnnncnt n amended to rt•ad as nsltows: <br />15. llnlform Itecurily Irrstrutrtent: Governing I.ww; %triembilits. I his form at Security Instrument combines uniform covenants for national use <br />and not%- uniform coscnants with limi"d %ariation, h) tun,diown to ,on,titute it uniforin security instrurnem covering real property, This <br />Security Instrument shall be Governed by Federal last and the lass of the jurisdiction ul which the Property is located. In the event that any <br />prostsion or clause tit thiv Secutit) litstrumeni or thr VIIC,,atllid, -111 .,, phc lhte 1 atv, such conflict shalt not of test other provisions of this <br />Secunts Instrument or the Note vihich can h: Risen eftco mithotit the :ilnflicting pra%ision, and to this end the pnni >ioils of this Security <br />Instrument and the !`dote are declared to be scserable <br />F. TRANSFER UI UK PROPfr.R'(Y fPR A nu%Ft It i U I % I f Iii• s 11\ BORROWER <br />UndormCo% enantl'' oflhe% ccuritylnstturnentl }.altnrttc.t Ir.nl,t,t, +notss <br />17. Transfer of the Propert) of a flenefleial interest in hurnw.rt'.: a'. ,+t am part of the Property or an nnterest ihetcrrt 1, sold or transferred <br />for if a beneficial interest to Harrower is sold or ttanster;;,! acd is -rimer is not a natural person) without I enders purr written consent, <br />Lende• may, at 1 endet'i option, declare all the %utns , :,un•.1 r% I hi, ',ccurity Instrument to he immediately due and payablc. However. this <br />option shall nt,s he c•+tcl cased 1+i, Lender it exert Ise rs u, t ,..: t% . i h% federal law. i ender mas' %saisr the csczo,e of this option it: (a) Borrower <br />causes to bs submitted 111 Lender information requu +•d , 1j, .J, • 10 ct.aluate the intended transferee as it a new loan were being made to the <br />transferee; and (h► I ender reasonably determine% ih,v, f cn :, fit t% will not he impaired b:+ the loan a♦,:unption and that the risk of the <br />breach of any co%( n:.•:t ar agreem; n: a :lu, tir�ur rn 1 :.al.: t..: rtahle to tender. <br />To the extent p mlae.t !%% ahpii -,Wr !a%%. I cn.t It .t : % %minable fee as a condlnttn to Lender's consent to the loan assumption. <br />Lender may alst%rctyutre the'ranstt 1er'o keep all :fir r-I, ...a i cmcnts rtmdr in the Note ,ind nl this Srcurm Insrrument. <br />"I1 Lender exclOWs ♦u:h optt,,il Iii a,celer,uc. I r•t.:, i , . , Hun r,+%%cr itonce of artrlvi anon in accordance %,6 tilt paragraph 14 hereof. <br />Such nonce ,hull prosi.ie a ; ;ro,t ;,f vot Ir., iha,r t+ +,tai ,,Ir the nonce is mailed tt;;h.tn is hick Rorrtn%er nla-. t*,ay: the sums declared <br />due. It Ilozets +er faili to p.,t ,u,`, .utri- riioi i,+ 1%, : ,t•. ,r , . 1, „ retiol, 1 ender ma). rr ,,,t turther not +cc - or .hem; nd ml Borrower, <br />invoke am remcdie %p :inuttr.f r,t ill - S ,u117% <br />"NotwithstaWing a sale tit Lrall,te", Ifs ritlH t^ ,c; . ..,� t ' . . . . •,hligatcd udder the `;' i *.I!Ia `-�,Ur -,V, ln♦triiment unless teudec has <br />released HotrOwer in Aiuin?! " <br />F., U)A% CHAtil.t s <br />It the load ic..tic•d ha 7t_ 1vt - ox IIt +tluht :u. � -.I •. <br />that the interest nr , +th.s loan <br />charge %hail ►,e redt:,cd h) thc.ol "It,nt 1 Cc•,• %air% :c,•.1 <br />NhrCherceodc+:fMrininet)linia, %till !,c etlitijetlt, +IS.•tu• art <br />Note of by making a dlrttit pa%;wn! io Hmit+tter II .t 1;t n . <br />e <br />,e• ,: Sri +•.uu L, v, . t,arpc,. ;lot.• } :!'1�1 lax I- itn<tllr interpreted so <br />+1nncctirn —01 the h•en ex -eed perntitieti In its. then* (1) any sack loan <br />r ,'• +•, the permitted hirer .ruff 121 an% sums afrcad% collected froin borrower <br />1 , ndrt 111;1% t Noose u, make this t, Land by teducitiv the pun :ipal o%%ed under the <br />PI in,;tl +al, the r; duct.-,n alit he treated as a partial Prcna%menl under the <br />1% M11ti M1�NHF, Hf011,littuciw•rrha.rut toted thi, lid1wldhh• Rate Rtttrr <br />V) <br />r <br />-4 <br />A <br />n <br />TC • <br />'!_1no H. Peace ROM UR <br />Barbara J. Pea_e »rtRROWI R <br />O <br />Iii F L <br />� 0 <br />lJORR014VER — <br />�E(�ti OR1t,INAI. ONE YJ <br />(Seal) <br />Iseal) <br />(Seal) <br />.j <br />f ! Y <br />y <br />0 <br />� <br />�, <br />r • _; d <br />Q� <br />N <br />� <br />� <br />� <br />...J <br />t <br />ii <br />•�" }off <br />'' � <br />.j <br />