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1- <br />D. UNIFORM SECURITY IP4=UMXM*t CAVIiRNING LAW; SEVERARILM <br />Uniform Covenant 11 of the Security Instrument is amended to read ales follows: • <br />_ 1!. Umlfarns aatarlyr intNrturrtem1; Gewralag law; SnwablI ty. This form of Security instrument combines uniform covenants for national use <br />[—" and swuniform covenants with limited variations by Jurisdiction to constitute a uniform security Instrument covering real property. 7ttis <br />' Security Inuument shall be sovereed by Federal law and the law of the Jurisdiction in which the Property is located. In the event that my <br />provision or clause of thin Security Instrument or the Note conflicts with applicable law. such conflict shall not affect other provisiom of this <br />SKwity Ittahwarat or the Note which can be givo effect without the rwnflicting provision, and to"end the provii1ons of this Security <br />Instrument and the Note are declared to be severable. <br />IL 71ANSF1IR OF THE PROPERTY OR A KNEFICIAL INTEREST IN SOR MER <br />Unifoan Cowaant 17 of the Security Instrument is amended to read as follows: <br />11. Tnnow of as Property or a BMWs! We" is Dermwer. if all or any part of the Property or an interest therein is sold or transferred <br />(or U a bttwdicial interest In Borrower is sold or transferred and Borrower is not a natural person) without Lender's prior written comsat, <br />Leader may. at La Wn's option, declare all the sums secured by this Security Instrument to be immediately due and payable. However. tbb <br />option shall riot be exercised by Deluder If exercise is not authorized by Federal law. Lender may waive the exercise of this option if: (a) Borrower <br />canna to be submitted to Lender information required by Lender to evaluate the intended tramafetea era. if a new loan were being made to the <br />transferee; mad W Lender reasonably determines that Lender's security will not be impaired by lion Ifto assumption and that the risk of the <br />breach of any covenant or agreement in this Security Instrument is acceptable to Lender. <br />To the anent permitted by applicable law, Lender may charge a reasonable fee as a condition to Lender's consent to the loan assumption. <br />La4v may also require the transferee to keep all the promises and agreements made In the Note and in this Security Instrument. <br />."'If Larder exercises such option to accelerate, Lender &hail mail Borrower notice of acceleration in accordance with paragraph 14 hereof. <br />Sad aotloe shall provide a period of not less than 30 days from the data the notice is mailed within which Borrower tray pay the sums declared <br />titre'. If Borrower fails to pay such sums prior to the expiration of such'period. Lender may, without further notice or demand on Borrower. <br />initaite any remedies permitted by this Security instrument." <br />"Notwithstanding a sale or transfer, Borrower will continue to be obligated under the Note and this Security Instrument unless Leader has <br />released Borrower in writins." <br />F.. LOAN CHANGES <br />M the loan secured by the Swurity Instrument is. subject to a law which sets maximum loan charges, and that law is finally interpreretk Sur- <br />tfW; the interest or other loan charges collected of to be cirlwdad in connection with the loan exceed permitted limits, then: (L) any suer loan <br />share shall be wiuced by the amount nee to reduce the charge to tho permitted limit; and (2) my sums already collected horn berr %* <br />whicb weeded permitted limits will be refundid to Borrower.`Lgnder may choose to make this refund by reducing the principal owed under. ti'xr: <br />?s."= U-.—.94 3 A.--* p" I tit .B^.,.r:` wee. if a refund red'.`rm- pried -1 the r��t..M,i�.n will bee he as a nar" „3► r.ewy a—wa. 11mur W1W <br />NOW <br />■\1 �`CQ {LiiL��MF •.. .a.i_ Ja «.� 66. p..a� O <br />e : +iVsary . c= sicas+u= + arsf Eiu$scaa aria vjwa+Tas.......t <br />VW <br />(Seal) <br />Richar C. Colvin 30RI Pt PER <br />417 J1117 V <br />A- - — <br />Linda M. Colvin ]JORMWER <br />(Sew) <br />BORROWER <br />(SIGN ORIGINAL ONLY) <br />m <br />7 <br />E U <br />3 <br />J <br />n CA <br />CO <br />t <br />'a `Q <br />, <br />C', <br />1 <br />cta <br />u, <br />CEO <br />- — <br />-- - <br />t <br />