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1 D. UNIFORM IIIECURM INSTRUMF.NTi GOVERNING LAWi SEVERAMILITY Uniform CoAMI 15 of the Security Instrument is amended to read as follows: V. UMUSM we M1 tasgnweoti Goverolog lAwl Wnmblidb. This forth of Security Instrument combines uniform covenants for national use and non•unlform covenants with limited variations by Jurisdiction to constitute a uniform security instrument covering 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 provisloa 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 me declared to be severable. L TRAN6IER OF THE PROVER OR A BENMCIAL INTEREST IN BORROWER Uniform Covenant 17 of the Security Instrument is amaWed to read as follows: 17, 7l MAW of tkt property or a 94101M l latrsrwt Ice Monrawer. If all or any part of the Property or an interest therein is sold or transferred (or if a beneficial interest in Borrower is sold or tramferred and Borrower is not a natural person) without Leader's prior written content, Lander spay. at Lender's option. declare all the sums secured by thus Security Instrument to be immediately due and payable. However, this option shop scot be exercised by Lender if exercise is not authorized by Federal law. Lender may waive the exercise of this option if: (a) Borrower aum to W submitted to Lender information required by Lender to evaluate the intended transferee as If a new loan were being made to the "Mraee; and (b) Lender m ummbly determines that Lender's security will no., `K impaired by the loan assumption and that the risk of the breach of any covenant or agreement in this Security Instrument is acceptab wh Len der. To the extent permitted by applkable law, Lender may charge a reasonable fee as a condition to Lender's consent to the loan assumption. Lender may also require the transferee to keep all the promises and agreements shade in the Now and in this Security Instrument. '7f Lender exercises suck option to accelerate. Lender shall mail Borrower notice of acceleration in accordance with paragraph 14 hereof. Such notice shall twovidte a period of not less than 30 days from the date the notice is mailed within which Borrower may pay the sums declared due. If Ilamvwer hps to pay such sums prior to the expiration of such period, Lender tray, without further notice or demand on Borrower, invoke any r :medles permitted by this Security Instrument." "Notwithstanding a sal: or, trander, Borrower will continur to be obligated under the Note and this Security Instrument unless Le»dar has ideated Borrowa in writing." F. IAA!q CHANGES If the lasts secured by the Security instrument is subject to a law which sets maximum loon charges, and that law is finally interpreted so that the interest or other lean charges collected or to he collected in connection with the loan exceed pertrtitced limits, then: (1) any such loan chergs shall be rrdoeed by the amount netxssary to Ir.evucr the charge to the permitted limit; and (2) any sums already collected from borrower which eatowded permitted limits will be refunded to Burrower. Lender may choose to snake IM4 refund by reducing the principal owed under the Note or by maltiW a direct payment to Borrower. If a refund reduces principal, the reduction will be treated as a partial prepayment under the Note. IN W[TNFAS WHFIAt M, Banm r has emoted Skin AdjustabF*RO@ Wrie r.. , :� I� % IL Ardta S. kroyp aka BORROWER A Mdta S. Danklesm 1>3 , �_._._---- ....... _.�... �i•�ygrF (Seal► � R (Seal) BOkIRV'`a'E R (SIGN ORIGINAL ONLY) rv- A M t O M mN 7 1 M L w I