Laserfiche WebLink
D. kjNIFORM %F4AJRFFV INSTRUMENT- CAWE:RNING LAW; SEVE.RABILITY <br />Uniform Covenant 13 of the Security instrument IsanrndN to read as follows: <br />IS. usilts t "Coot imtrtttn "n.. GovtraMS taw; Seve"bility.,'fhis form of Security instrument combines uniform covenants for national use <br />F and nim- YnifOrrn covenants with limited variations by jt;riViiLlion to constitute a uniform security Instrument covering rtflll property. Thi9 <br />Security Instrument shall be governed by Fedeiat law and the taw of the jurisdiction in which the Mopetty Is located. in the event that any <br />pcovis4in or clau%c of this Security Instrument or the Nate conflicts with applicable taw, such conflict shall not affect other provisions of this <br />Security Instrument or the Note which can be given effect without the conflicting provision, and to this end the provisions of this Security <br />instrument and the Note are declared to be .severable. <br />E. TRANSFER OF THE PROPERTY OR A SENFFICIAL INTERS -Wf IN BORRO% %lKR <br />Uniform Covenant 17 of the Security Instrument is amendt..-i to read as follows: <br />17. T auf a of the !sporty or a 11neficial htteresr [n Borrower. if all or any part of the Property or an interest th, rmin is sold or transferred <br />(or if a beaefkial interest in Borrower is sold or tramidr4d vW Borrower is not a natural person) without Lender's prior written consent, <br />Lender may, at Lender's option, declare all the sums secured by this Se7axity.iristrument to be immediately due and payable. However, this <br />option shall not be exercised by Lender if exercise is not authorized by FedtiV.. tare. Lender may waive the exercise of this option if: (a) Borrower <br />catttnes to be submitted to Lender information required bAi I etuter to evaluate the intended transferee as if a new loses were being made to the <br />tranafan; and (b) Lender reasonably determines that # ender'% sr1mrity will not be.imp2ired by the loan assumptions w d that the risk of the <br />t" <br />breach of any covenant or agreement in this Security Inorunxtr i ,u acceptabltto Lender. <br />To the extent permitted by applicable law, lender rnav charge a reasonable fee as a condition to Lender's consent to the loan assumption. <br />Lender tray also require the transferee to keep all ilia Vtothisc!s and agreements made in the Note and in this Security lmfixrtlment. <br />' "if Lender exer.Lses such option to acceletatc. I.,rnder d'Ul.l mail Borrower notice of acceleration in accordance ilzh paragraph 14 hereof. <br />Such notice shall pant -Ide a period of not less than .10 days frqus, he date the notice is mailed within .vhich Borrower rmL 'pay the sums declared <br />due. if Borrower fgfla to pay such sums prior-to the erpiratioti of ,uch period, Lender may, without further notice or demand on'PA.vrower. <br />invoke any remedies•pvimitted by this Security Instrument." <br />"Notwithstanding a sale or transfer. Borrower will continue t o be obligated under the Note and this Security Instrument unless Lender has <br />i <br />released Borrower in.writing." <br />F. LOAN CILAM :S <br />3- <br />if the loan secured h)• the Securay Int:trursxnatf b.subject 14,1 ,1 law which sets nmxintum lean charges, and that law is finally interpreted so <br />.' <br />that,the interest or other loan rhnrges collected or to be cal. &,too to connection with the loan exceed permitted limits, then: (l ) any such loan <br />chargp shall be reduced by the amount necessary to reduce tti•zatasra c to the permitted :imit; and (2) any sums already colected from borrower <br />which exceeded permitted tlmits's4tll 6e refttndedto Borrower_ •Le �'et mss :do z to make thss refund by reducing the nrincinal awed under the <br />Note or by makir-rg a dirco p8y1ticilt to &)mower. if a rcl and +educes t*rinnirai, the reduction will be treated as a partial prepaymmi. under the <br />Note. <br />IN VHTNESS WHEREOF. liliwmwer its executed this .Adjustable Rate Rider. <br />-(Sealy,. . <br />Wilbur R. RobertSPORROWER <br />'j?�1�1L� (Seal) <br />Ramona J. Robe S BORROWER <br />-- — - - -- — _ _ (Seal) <br />BORROWER <br />i� °• <br />(SIGH: ORIGINAL ONLY) <br />cc <br />rn <br />n Z <br />.Z' <br />= en an w v` <br />amt , v <br />,c <br />e� <br />L o <br />IF <br />