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I L UMM M WCUMIM INUMUMBNTi GOVERN hAwl SEVERABLLIT1f • <br />uairatn Cowtnant Is otiM seeurlty lo&truraaat u aaiastded tot+ead>w follorrat <br />U. Udfaras Maw 13 4rttaa.ramil ti'irermimg Vwl ggmo . 'Itk form of security Instrument combines uniform covenants for national tw <br />Midi uaawiform covenants with limited variations by jurisdiction to constitute a uniform security Instrument covering read property. This <br />Smutty instrument shall be gomasd by Federal law and the law of the jurisdiction In which the Property IS located. la the event that any <br />s te provision or clause of this Security Instrument or the No conflicts with applicable law. such conflict shall not affect other provisions of this <br />Swurity Instrument or the Note which can be given effect without the commonil provision. and to this end the provisions of thin Security <br />Instrument and the Nola am dtc uW to be severable. <br />- -- L TRANSFER OF THE PROPERTY OR A BENMCUL INTEREST IN BORROWER <br />Uniform Covettsnt 17 of the security instrument is amended to read as follows: <br />- — 17. 7latafer e�f Rile Prewly w a Bnustfelal laleeest IN Borrower. If all or any part of the Property or m interest therein b sold or trsmferr.�d <br />N (or N a be tfkW interest in Borrower is sold or transferred and Borrower is not a natural person) without Leader's prior written content, <br />Lender may. at Leader's option. declare all the suns secured by this Security Instrument to be immediately due and payable. However, this <br />ear; y: option &hail not be exac6ced by Lcadet if acercise is not authodred by Federal law. Lender may waive the exercise of this option If (a) Borrower <br />causes to be submitted to Leader Information required by !.ender to evaluate the intended transferor as if a new kneau were being made to the <br />' transferee; and (b) L.atda rauottably determines that Lender's security will not be impaired by the loan assumption and that the risk of the <br />.,���•r . breach of May covenant or agreement is this Security Instrument is acceptable to Lender. <br />.' To the extent permitted by applicable law, Lender may charge a reasonable fee as a co'.,ltn. -I to tan n's cons. nt t • the Itw• • autmption. <br />I' Louder may also require the transferee to keep all the promises and agmements waft in the Note and is this Security tastruaxntt. <br />' "If Leader exercises such option to accelerate. Lender shall mail Borrower notice of acceleration in accordance with paragraph 14 hereof. <br />t, <br />9xcb notice shall provide a period of not less then 30 days from the date the notice is mailed within which Borrower nay pay the sums declared <br />clue. if Borrower falls to pay such sums prior to the expira::on of much period. tender may, without further notice or :eeaund on Borrower. <br />Invoke any remedies permitted by this security instrument.'. <br />:1 i.t� ?,,f r• ;',; �'n <br />-Notwithstanding a sale or tran+fer, Borrower will condnue to be obligated under the Note and Rids Security Instrument Runless Lender has <br />rslessed Borrower in writing." <br />F. LAAN CHANGES <br />If the loan secured by the security Instrument is subject to a law which sets maximum loan charges, and that law is finally interpreted so <br />that the interest or other loan charges collected or to be collected in connection with the loan exceed permitted 1'uuiu, then: (1) any such loan <br />charge shall be reduced by the amount necessary to reduce the charge to the permitted limit; and (2) any suns already collected from toocrower <br />which exceeded permitted limits will be refunded to Borrower. Lender may choose to make this refund by reducing tRte principal owed under the <br />Note or by making a direct payment to Borrower. If a refund reduces principal, the reduction will be treated as a partial ptepayment utnder the <br />Note. <br />IN WITNESS WHEREOF, ibrrower has emoted this Adjustable Rate Rider. <br />_ (Seal) <br />Basil N. Hoglund <br />Harriet Haglund <br />(Seal) <br />BORROWER <br />(SIGN ORIGINAL ONLY) <br />:,IM . <br />N <br />t7 <br />. X <br />I• <br />�.r;sir•a,, ;t, <br />:r <br />t <br />