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1 D. UNIFORM SECURFIY INSTIWMEN7't GOVERNING LAW. SF.VERASILI7'1f Uniform Covenant 1S of the Security Instrument is amended to read as follows: 1S. Uaitorw aaewib' Mrtswaeertt Goraralaig i aw; 5ereatiWty. This form of Security instrument combines uniform covenants for national use and mm- uniform cavettaats with limited variations by jurisdiction to constitute a uniform security instrument covering red 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. TIMNSFI+3111 OF THE MNWj 7y OR A BENEFICIAL 1NTJUsT IN BORROWER Uniform Covenant 17 of the Security Instrument is amended to read as follows: 17. Tfmdsr old* l oWly ae a Snottebl Interest is Seaerowar. If all or any part of the Property or an interest therein is sold or transferred (or if a beneficial interest is Borrower is sold or transferred and Borrower is not a natural person) without Lender's prior written consent, L Wer may, at Leader's option, declare sat the sums secured by this Security Instrument to be immediately due and payable. However, this option shall not be exercised by Lender if exetti.•iv is not authorized by Federal law. Lender may waive the exercise of this option if: (a) Borrower causes to be submitted to Lender information required by Lender to evaluate the intended transferee as if a new loan were being made to the transferee. and (b) Leader reasonably detmmiines that Lender's security will not be Impaired by the loan assumption and that the risk of the breach of any cavenaat Or agreement in this security Instrument is acceptable to Lender. Tq the cWmt permitted by applicable tow, Lender may chute a reasonable fee as a condition to Lender's commt to the loan assumption. Lender may alto require glee tcaatsferee to keep all the pr¢atsirses and agreements made in the Note and in this Se :w,*N� Instruaent. 'If Lender exercises such Option to accelerate. Loom shall red Sorrower notice of acceleration in accordance with paragraph 14 hereof. Such notice ShW provide a period of nox l.than 30 days from tlk- ,ft,e the notice is mailed within which Borrower may pay the sums declared due. If Boma; fails to pay such suit s fdor to the eW?ation of such period. Lender may. without further notice or demand on Borrower. invoke any remedies perrnittai by this Security Instrune m St "Notwithstanding s i kor transfer. Borrower will continue to be obligated under the Note and this Security instrument unless Lender has teieased Barrowetin writing.,' F. LOAN CHANGES If the loan secured by the Security Instrument is subject to a law which sets maaimunr loan charges, ad d at law is futaUy interpreted sea that the interest or other loan charges collected or to be collected in connection with the loan ex4xed permitted limits. then: (1) any such loan charge shall be reduced by the amount necessary to reduce the charge to the permitted limit: and (2) any sums already collected from borrower which ex_ Ctieded penisitted litdlt3 wii11?e [Yfurtded to Borrower, t inrlK maw oh11me to m2ki: thh dun y 1�j� ii- pPiWpal owed under ire' - - dote or by making a direct payment to Borrower. if a refund reduces principal. the reduction will be treated as a partial prepayment under the Ndte. IN WI'I'NFSS WHEREOF, Borrower ho e:ecated trh Aeljastabb Rate Ricer. ,EUgen Placzek RROWER -(Seal) ��— (sew) ' OWER Claribel PlaczeC (Sao BORROWER (SIGN ORIGINAL ONLY) CIO A 7 rn CD 1/V n 1^'• � �� ti cs� Z7 y r' � `w