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89104592
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Last modified
10/20/2011 9:31:30 AM
Creation date
10/20/2005 9:56:05 PM
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DEEDS
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89104592
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cc <br />D. UMIMI SWUMM 11MMUMM; COVUUWMCj LAW; SIFVMMRUW <br />15. Ueffas weerky huftmm; Go"nift Law; Seve M ry. This form ' 01'5emrtty Instrurnent combines uniform covenants for national use <br />and now uniform covettants with limited variations by junsdiction to constitute a uftifortn'security instrument covering real property. This <br />Security Instrument shall be governed by Federal law and the l4w of fie hrisdktion in which the Property Is Incised. in the event the any <br />provision or clause of this Security Instrument or the Note conflicts •dih applicable law, such conflict shall not affect other provisions of this <br />Security Instrument or the Note which can be given effect_ without t1w coarlicting provision. and to this end the provisions of this Security <br />Instrument and the Note aredeclarcd to be severable. <br />I- TRANSM OF THE PIKOPEM OR ASE-NUICM lNTi ,RjF.Sw-jN WMOWER <br />Uniform Cove0ant 1179f the"tY.Inst risment is amended to read Ar <br />m irrower oc me Propertg it s, Stwr&W literesi in fl ormiter- if rillior any part of the Property or an interest therein is so.'j ; 'or transferred <br />(br.if -a beneficial interest in Ek)ftowct is sold 6r fransfemd and Burr(Aver is not a natural person) without Lender's prio ri written consent, <br />Lemier may, at, iendWs optfcm. declare all the Sums Femin-J. b3t.filit0fvurity Instrument to be its meidiately due and payable. However, this <br />optim plied not beexercisedby ienclerif exercise is n 'I a' i6vr&kI,bsr law. Lender may waive the exercise of this optioi if. (a) Borrower <br />cawes to be st& t- -d.tci <br />Under information required by Lcriidcrtu y�wdrjqte the intended transferee as if a new loan were ; made to the <br />deterritfiff-6 that Lender's secure", ; wy.11 not be impaired by the loan assumption and thaf-Ac risk of the <br />bI <br />fany; in this Securitylinstnurnev, is ac ept a eto Lender. <br />!�tthe eat gmtftrmli applicable law. Under '" zhirge a reasonable fee <br />is &condition to •ender's qzv iant to the loan assumpL*Om,- <br />Under may alst reytitre the transferee to keep all the prov'.,,A-4-i'and agreements rnadeZA41-e Note and in this Secte4,.4strument. <br />;r-rcises such option to accelerate, inati 5orrower notice Of acceleration in accordance with pa r*%rraph 14 hereof. <br />Such ncticc,�O*provide a period of not less than 30 daysfrcm :;,c i4` -tq' notice is mailed within which Rorrowqpa y pi �*Wnndeclared <br />ay <br />due. If ?z—,.9;iver fails to pay such sums prior to the Leader may, without further r,,&LW.'oT demand en Borrower, <br />invc► 7zy F;m.dics permitted by this Security lnstrtirne.5.-(, <br />"Notwfth, sanding a sale or transfer, Borrouq zZ; 5!.-,-AbUgated under the Note and this Security Znsfiiimca Ttr,,)m Lendi:i <br />released Boffo4 rfn writing." <br />U LOAN CHANGLS <br />If the loan secured by tfttr Security Instrument i•. s&.-nIz: to law which sets maxianim Loan charges. and LA-Aq iaw is finally interpret& <br />that the interest or other loan charge-, collected or to he collected in connection with the loan exceed permitted limits, (hen: (1) any such loan <br />charge shall be rah.ced by the amount necessary to reduce the charge to the permitted limit; and (2) any sums already collected from borrower <br />which exceeded permitted limivs will he refunded to Horfower. I-erder may choose to wake this refund by reducin.-. the principal owed under the <br />Note or by making a direct payment to Borrower- If a rcNzu,.-%duccs principal. the reduction will be treated asal partial prepayment under the <br />Note. <br />j. IN WIITNP� 'S WHEREOF. Borrower has executed1hiv Adjuslithle Rate Rider. <br />0 <br />(seal) <br />Ylilliam F. Nevill ORRO%VI:3� • <br />4f <br />116W <br />A--11 'Cal) <br />L <br />0 WER <br />("ilene R. Neville <br />(Seal) <br />BORROW1,14 <br />( 'MINAL ONLY1 <br />SIG N OR <br />IN <br />Jay <br />M <br />n <br />M CA <br />n <br />Us <br />CA <br />f <br />
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