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99100647
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Last modified
3/13/2012 12:20:47 PM
Creation date
10/20/2005 10:06:54 PM
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DEEDS
Inst Number
99100647
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;� . _ <br /> � `�q- 1006�'7 <br /> �.TRANSFER OF THE PROPERTY OR A BE1VI�.FICIAL lld'TEREST IN BORRUWER <br /> Uniform Covenant 17 of the Security Instrument is amended to read as follows: ' <br /> Transfer of the Property or a Bene5ceal Int�trest in �orrower. If all or any part of the Pmperty or any <br /> interest in it is sold or transferred(or if a beneficia]intenst in Borrower is sold or transferred and Borrower is not <br /> a natural person)without Lender's prior written c.onsent,L.e:lder may,at its option, require inmediate payment in <br /> full of all sums secured by this Security Instrument. However, this cpc:on shall not be exereised by I.,ender if <br /> ezercise is prohibited by federsl law as of the�ate of this Securiry Instrument. Lender also shall not exercis�this <br /> option if: (a)Borrower causes to be submitte�to Lender inforr.iation required by Lender to evaluate the intended <br /> transferee as if a new loan were being made to the transferee: and(b) L.ender reasonflbly determines that Lender's <br /> security wilt not be impair�d by the laan assumption and that the risk of a brcach of any covenant or agrcement in <br /> this Security Instrument is acceptabte to Lender. � <br /> To :he extent permitted by applicable law, I_ender ma.y charge a reasonable fee as a condition to Lender's , <br /> consrnt ta the toan assumption, Lender may aiso re:quire t}�e transferee to sign an assumption agreement chat is <br /> �cceptable to Lender and that obiigates the transferee to keep alt the promises and agreements made in the Note <br /> and in this Security Instrument. Borrower will contir.ue to be obligated under the Note and chis Security <br /> Instrument unless Lender releases Bar►�awer in writing. <br /> If Lender exercises the option to require immecfiate payment in ful1, L.ender shall give Borrower notice of <br /> acceleratinn. The notice shall provide a period of siot,less than 30 days from the date t!�e notice is delivered or <br /> mailed within which Bo:rower must pay ai sums secured by this Security instrument. lf Borrower fails to pay <br /> these sums prior to the expiration of this pericxl, l.ender may invoke any remedies permitted by this Security <br /> Instrument without furcher notice or demand an Bonower. <br /> BY SIGNING BELOW, Borrower accepts and agrees to the ternu and covenants contained in this Adjustable <br /> Rate Rider. <br /> _"G�1�`f'1�1�'�� ��� ts�) <br /> /.� . r�� <br /> � -��W�i -sorrower <br /> �TC'c�i-���� l 5���.� cs�,> cs��� <br /> -a�,�,�� -��w« <br />. -�_ .� Form 3111 3/85 <br /> i <br /> ; • . <br />
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