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89106173
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Last modified
3/7/2012 4:06:35 PM
Creation date
10/20/2005 10:16:49 PM
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DEEDS
Inst Number
89106173
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� � <br /> D. UNIFORlN SECURI7Y INSTRUMEN'r;CAVF.RNING 4AW;SEVFRASILITY <br /> Uniform Covenant 1 S oP the Securiry lasuument is amended co eead as foUows: <br /> 1S. UNton��ec�dq ie�+traseMt;Gorer�iK I,�w;Se�enUWiy.This i'ora�oti Ser:urity Instiument cambines uniform coven�nts far national use <br /> � �nd no�-uniform covenants with limital vari�tioas by jurisdictios►eo corutitute a uniform security insm�ment cuvering re�l property, This <br /> Security Instrument sMli be Qoverned by Federal law�nd the law oi the jurisdiction in whlrh the Property is located. In the event t1u�t gny <br /> provision or c{ausa of this Security instrument or ehe Note conilicts wlth epplicable law.such conflict sh�ll not aPfect othe�provi�ians of thls <br /> 5ecurity lnstrument or the Note which can be�iven effect without the cor►flicting provision, and to this end the pravislons of thls Security <br /> Instrument and the Note are declued ta be severable. <br /> E. 77tAN9FER OF THE lROtERTY OR A B�NEFICIAL INTF.RF•ST!N BORROWER <br /> Unit'orm Covenant 17 of the Security Instnunent is amendod to rwd as follows: <br /> 17. 7'ea�ter o/t�e�o�erq or�Se�efkW l�lerest i�sorrower.lf�tU or�ny part of the Property or an intarest thereln I�sotd or tran�fened <br /> (or lf a beneficial interat in Horrower is aold or traa�feaed uid Horrower i�not a rtamral persoa)without Lender's pdor written consent, <br /> Lender may,at I.eader's option.declue all tbe sums sacured by this SeeuNcy InsuumeAt to be immedlately due and p�yabk. Howeva,this <br /> aptioa shsll not be exercixd by Lender lf exerclse is not authorized by Federal law.Lender may waive tho exercise Of thls option if:(a)Borrower <br /> causes to be submitted to Leader inform�tion requircd by Lender to evaluate the intended transfera as 9f a new loan were Eein�made to the <br /> uansferea;and(b)Lender reuonably determines that Lender's security will not be impairM by the loan assumption and that the dsk of tht <br /> breach of any covenant or a4reement in ttda Security lnstrument is accepsable to Lender. � <br /> To the extent permitted by applicable law,Lender may chuge a reasonable fa as a condition to Lender's consent to the loan assumptioa. <br /> L.endu tnay also require the transferee to keep all the promises and agreemmu made iA the Note and in this Security Instrument. <br /> "If l,ender ea�ercisa such option to acaierate,Lender shall mail Bonower notice of accelerat�on in accordance with pasagraph 14 hereof. <br /> Such notia shall provide a period of rtot less than 30 days from the date the notIce is mailed within which Sorrower may pay the sums declared <br /> due. !f Borrowtr fails to pay such snms prior to the expiration of such period.I.ender may,without furthe�notice or demand on Bonower, <br /> invoke any nmedies petmicted by this Security Instrument." <br /> "NotwithstuMing a sale or transfer.Borrower will continue to be obl�gated under the Note and this Security lnstrument unless Lender has <br /> released Borrower tn writi�." <br /> F. LOAN CHANGFS ' ' <br /> � • <br /> If the loan secured by the Security instrument is subject to a law which sets maximum toan charges.and that law is finally interpreted so f ; <br /> that the interat or ocher loa�charges collected or to be collected in connection with the toan exceed permitted limits.then:(1)any such loan l .`�. <br /> charge shall be reduoed by the amount necessary to reduce the charge[o the permitaei!iimit;and(2)any sums already collected from bottower � <br /> whi�h exoeeded nermitud limits will be refunded t�Borrower.Lender may choose to make this refund by reducing the principal owed under the �' , <br /> Note or by makir�g a direct payment to Borrower. tf a reiund reduces principat,the rrduction will be treated as a partia!prcpaymeat undsr the - - <br /> :` <br /> Noce. <br /> IN WfTNESS WHEREOF.Bormw�a bas execated t61v AdJustabk R�te Ridea ; <br /> , '. <br /> ' ���'�� � <br /> _ ��� <br /> � � 7ames W. Koehn BORROWER � <br /> � - � <br /> e� . (Seal) <br /> BORROWER <br /> '.Iir.ginia L. Kaehn _�=-� <br /> /�, � s <br /> ! ' �.��� <br /> (Seal) <br /> Timo y C. gp��QRROWER <br /> (SIGN 6RIGINAL ONLY) . <br /> r � -. (; �� - ' <br /> . .\ _J q/: .� <br /> , •.�' . � ' �... ��� � <br /> „ `�` • � �, � <br />. � � <br /> � „� '.1 u <br /> mt n � � �•' -n _ � <br /> � � � � � - - <br /> C, f�� N i-J i -- <br /> �' � r ,-, s :, :,� : : ., � . <br /> � „ <br /> m � � � � � � <br /> � yr .. L� „ t . - J � <br /> � � t � . ..� � i <br /> ��� '_ �a ;� C.i a <br /> .� i�� � <br /> L 1 <br /> . <br /> � � � 4��� <br /> . . � � <br /> _, _; <br /> , <br /> ` ____.� <br />
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