89102776 - Laserfiche WebLink

Browse

•r U. UNIFORM SECURITY INSTRUMENT; (A RNING LAW; SEVERABILITY Uniform Covenant IS of the Security Instrument is amended to read as follows: iS. Uelforet security lmtrar*01; tiovetrilap law= Severablill). Thi3 form of Security instrument combines uniform covenants for national use and non- unifottn covenants with limited variations by jurisdiction to constitute a uniform security instrument cc►vering real property. This Security Instrument shall be governed by Federal law 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 with 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 Security Instrument and the Note are declared to be severable. E. TRANSFER OF THE PROPERTY OR A. BENEFICIAL INTEREST IN BORROWER Uniform Covenant 17 of the Security Instrument is amended to read as follows: 17. Trader of Ne Property ar • KV& - 21, lltterrst Is Borrower. If all or any pan of the Property or an itterest ti'txrd.tn is sold or transferred (or if a beneficial interest in Borrowatr, rs; Y141 or transferred and Borrower is not a natural person) without 1, at erx.p�t �.r written consent. Lender tcxs•, at Lender's, option. declare all, ij'*: smr.?s secured by this Security Instrument to be immediately dt:Q 4=1 pk a6le, Howpliz •„ this option sb.411 ima N e?i6r6. ia vl by Lender if excro75c. i's,,rfm authorized by Federal lam.. Lender may waive the t:i,iix (,Vr>jn ifc (Asw3 ifmawer causes to. t�e sae imiitw4l it,6 Lender lefts - oration m.-q by Lender to evaluate Or intended transferee as if a, rsew roan, Aver being it'lq d; to the transfer,, and (b) tender reason Na ,;. mete; rnives z6al Lender's security will matt b. 1.mn0a,ircd by the loan assum'vh yen an4 that the risk of the breach of my covenant ox agree s h,0-is Sevu.in),w Instrument is acceptable to L n&T. To the extent pertmined 1?y. ai*,w.i'�ltlaw;, lb rylcr may charge a reasonsN o'er as a e=&rivn to Lemilte's nt t o dje loan ttS5�JA7J; siqu.. Lender may also require dl a uvis£er.= Vc keep ail ,Utc promises and agreements m4: i� t l;e IKetc and in t)ri's 54Letrity Ittstiir>3trari., "if Lender exercises such Qjn jbj7,mi accelerate. Lender shall mail Borrower police d( at tmleration in accordance wiili paragraph. 14 €ier,:vC. Such notice shall provide a prided; ill; inA -less than 30 days from the date the notice :s maiNd within which Borrower may pay the stuns declared due. If Borrower fails to. pax suelt t, f ns prior to the expiration of such penod. Lender may, without further notice or demand on Borrower, invoke any remedies permated by iNs Security instrument." "Notwithstancifte,saleor rran�fer. Borrower will continue to beobligatei under the Note and this Security Instrument unless Lender has released Borrower In writing." F. LOAN CHANGES If the loan secured by the Security Instrutrie tt is subject to a law which sets maximum loan charges. and that law is finally interpreted so that the interest of "oihir. Loan charges collected o: to be collected in connection with the loan exceed permitted limits, then: (1) any such loan charge -(gall be reduced by the amount necessary to reduce the charge to the permitted limit; and (2) any sums already collated from borrower which exceeded permitted limits will be refunded to Borrower. Lender may choose to make this refund by reducing the principal owed ender the Note or by malting a direct payment to Borrower. If a refund reduces principal, the reduction will be treated as a panial prepayment under the Note. rff L IN WITNESS WHEREOF, Xrrower has executed this Adjustable Rate Rider. %1 � (Seal) Gary /R. •"_�r -aham BORROWER (Seal) margar r Ann GrahcPRROWER (Seal) BORROWER (SIGN ORIGINAL ONLY? m �i rn o, ,•. n z u7 c7 Cn a ` rrg a•� .r -J •� w cn � I �i a