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89104636
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Last modified
10/20/2011 9:47:52 AM
Creation date
10/20/2005 9:56:38 PM
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Inst Number
89104636
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Fm— <br />D. UNIFORM SECU1RiiY INSTRUMENTt GOVERNING LAW; SEYFRANU ITY <br />Uniform Covenant IS of the Security Instrument it amended to read as follows: <br />iS. Uttiifttri. neca►Itir ifaarataeah Ceweraks Last Stitt Aft. This form of Security Instrument combines uniform covewti for natiatitii.000 <br />and non- uniform covealanh with limited; variations by jurisdiction to constitute a uniform security instrument cove.nng real proptrtx,. Texts <br />�!• Security Instrument slut# be governed bin Federal law and the law of the jurisdiction is which the Property is. ktcated. In the avant tdmt MY <br />prUVISiOn Ot clause of this Security Inatrwttent or the Mate conflicts with applicable taw, such conflict shall not affect athQ pmvliifitttt ofiihk <br />Security Instrument or the Note which can W given effect witftaut the conflicting provision. and to this end the provision; of this,swikty <br />Instrument and the Note are declared to be severable. <br />E. TRANSiER OF THE PROPERTY ON A K- NE11CI lL iNTEtti'S'f IN BORROWER <br />Uniform Covetta►tt 17 of the Security Imtrument is an. erded tc� read: as folliws: <br />0. Tratader of the Pn4w" or a Bettteridd lateresr in &xrower, if all or any put of the Property or an interest therein is sold ar ttatifft rred <br />W if a beneficial interest in Borrower is sold or trarsEerred and Borrower is not a natural person) without Lender's prior. wrima ttmifntki. <br />Lender may, at Lcndtr's option, declare all the sums secured by this Security Instauntent to be immediately due and payabiv. ,NslW&A W. this <br />option shall nm be exercised by Lender if exercise is not a utho, -ized by Federal law, Lender may waive the: exercise of this option iii (a) Borrower <br />causes to be # ,<� tted to Lender information <br />`"'� tegoired by Lender to evaluate the intended transferee to if a new loan west Wig made to the <br />fransfem; tux( Gb) Lender rtasonably determines that fender's seetrrity will trot be impaired by the loan assumption rind that the risk of the <br />.- txaeh of any covenant or agreement in this Security (mr rument is acceptable to I.eadet. <br />To the extent permitted by applicable law, Lender rmy charge a reasonable fmas acondition to Lender's consent to the loan, assumption. <br />(;trader may041, require the transferee to i�1xgall the pry ro' ; : :•, r :rd agreunents rrafle in the Note and in this Security Instrument, <br />"If 191 &, izatercises such option toiar eterate, Len jar 1-h-11 mail Borrower notice of auc ;elation in accordance with paragraph 14 hereof. <br />'S#.6 notice sltsdl provide a X od of rtot less than ifs days f funs thrr dal; the noLLrm;" mailed Kithin tvhit:h Borrower may pay the sums de4ured <br />If Borrower fails to 7.'iEp _.:tch slaps prior to the expiration of •uch period. Lit 4ha may, %%ithow further notice or demand on Bommtex, <br />± invoke any remedies perms: 'by this Sw, -.- ty fnstrumen r." <br />"Notwithstandhig a sale or trap=f<v.,134iirower hill corttm,_ to he obligated under the .Not►. mdahis Security Instrument unless Lendeifias <br />released Borrcvirner in writing." : <br />1F : LOAT%;'�&JJANGfS <br />If the flans ierured by the Security irtstruircnt ti SLbJ- :t ro a I34,- .vhich sets massmum torn :barges, and that ire; is finally interpreted so <br />that the intern r_r other loan charges coliscted or to he -.01t1xt?d 41;'- pc•.t- -,Zi ction anh the loan c -.c:.:ed permitted lir&M. then: (1) any such loan <br />chase shall bt rr -4uccd by the amount necessary to reduce the ch irve tU the pern;it ed: limit; and 12) any surfs al!eady-cr i!ected from borrower <br />which exceeded permitted limits will be refunded to Borrower. tinder may chooscia ii -, eke this. n:fund by tc&:inz the principal owed under dhi <br />Note or by making a direct payment to Borrower. If a refund reduce. principal. the r e©uoictn•wili be ttrattd as a partial prepayment unde-tib., <br />Note. <br />IN WITNESS WHEREOF, Boero+rc�n ltiasr >sixrltrs,? tells Adjustahfe Rate Rides, <br />�410L <br />(seal) <br />E. J. Burke H!)RROWtar <br />Leila Maxine rke HORROWI -.R <br />(Seal) <br />. tart: %1r•. l w ?• R <br />(SiCN ORi(4 -( 4,]. (INLY) <br />tX3 <br />-4 <br />1110 <br />L <br />CMD <br />b <br />J` <br />r <br />, <br />t <br />
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