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D. UNla n to tfiCUlsl'ify INb'1"(liUPA Mi GOVE.IRN114G LAW; SiaVFAMM Ty -- U�fornt Cownapt !1 of the Secttdtl! Itsattttattent is atnetaded to recd as fotbws: 1S. Udkrn weeft fatAeMIM G61"dN8 leis; Stu 9 & Wry. This forth of Security Insttument coetbim tutifortn wveetartb for nadottrl use' • attd natt "form covenants with limited variations by jurisdiction to constitute a uaif09M 4ecudty iuttroutent coveritrj real property. This SwMty Instrument shoA'be aovertttd by Federal lave anal the taw of the imiid dion in which the Property is located. Cn the event that any provision cur clause of this Security Irtttrtuttent or the Note conflicts with appiiable taw, such conflict: shall riot affect other pravisicset of this Security trquument or the Note which can be Siven efftet without the conflicting provision, and to this end the provisions of this Security Instrument and the Note are declared to be severable. ' L E. TRANSFER OF MIR PROPER3Y OR A DIMMICIAL INrFRI:ST IN DORROWE1t Uniform ComMet 17 of the Security tmtr uttent it amended toTaA as follows: 17. Tworafir at Ue rroperty Or a M"wr d lakreat Is SwWwer, If all or any part of the Property or an interest therein is sold or transferred (cc if a beneficial interest in Borrower is sold or transferred and Borrower is not a natural person) without Lender's prior written COMM. Leader tray, w !Lender's option, declare all the sums secured by this Security Instrument to be immediately due and payable. Howevm, this option snail not be exercised by Lender if exerciseis not authorized by Federal law. Lender tray waive theexercise 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 lout were being made to the trapaferoe; anal (it) Lender reasonably determines that fender's security will not be impaired by the loan assumption and that the risk of the bracb of auoycovertant or asreemer:t in this Security Instrument is acceptable to Lender. To the extent permitted by law, Lender may charge a reasonable fee as a condition to Leader's consent to the loan assumption. I.ettdet may atw require the transferee to keep.-e he promiws and agreements made in the Note and in this Security Instrument. _ "If Fender exercises such option to acce;m-Atn% Lender shall nail BotriisAer notice of acceleration in accordance with paragraph f.$ hereof. notice shall provides period of not less tliaz 10 days from the dateft;6u,tice is mailed within which Borrower may pay the s wr .declared tom. Itg:;3orrowtr fails to pay such sums prior to the espiraf;,c -, of _:h riod, Lender may. without further notice or detstaud oirylarrotver f imvtsicteuty ttmedies.permitted by this Security Instrument." ,NotwJftttrd 1aS a sate or transfer, Borrower will cony lz e to cv -- b *oo tinder the Note and this $, [ raeist unless lender has t el %* Borrow F. MAIN CHANCES If the loan secured by the Security Instrument is sub;c,A t::.r taw which sets maxinvi:m: an charges, and that law is finally interpreted so ,. that the interest or other loan charges collected: cs to be colleted in connection with the loan exceed permitted limits, then: (1) any such loan charge shall be reduced by the amount necessam Azx,-,cduce the charge to th�qvarrrriued limit; and (2)wy. gums already collected fr4m:borrower which exceeded permitted limits will be refunded to Hofrov.er, lender may choose tomake this refund by reducing the principal owed ender the Note or by making a direct payment to Borrower. if a refu ,dfv aces principal. the reduction will be treated as a partial prepayment under the Note. itN WITI lf.' i WHEMOF. Borrower has et mud this Adjrstabk Rorie Rider. ,�0-0e2-- (Seal) Kenneth E. Elder` ?�it3wttt Mary J. Elder � B�RIiUt,*JFR. (Seal) BORROWER ( ♦! (SIGN ORMINAL ON0 j tdy 7 +! n IMORIn = y s e'er u W 1` c:i to a i R ■ �r