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� � . . D. UNIFOItRf SECU !�"i'Y INSTEtUMF.NT;COV�.RNlNG I.AW; 9EVERASII�ITY lfnifarm Govenant 1S o1'tha Secu�ity Instrument is amended to read�s i'ollows: � 1!, UiMfors�ell7 i�ir�ne�ti�r�M V�;�renWY�.This form oP Security l�.+trument combinca uniform co�•ena�ts i'a��tiond usc Rntf non•uniform wvenants wich ttmited vaflations by jurisdiction to canstitute� uniiorm secu�lty i�strumeat caverin�re�l property. 7'hi� Secu�ity Instrument sluU be tovernai by Federal law�nd the law of the Jurisdiction in which the Pruperty!s located. In the event that�ny provision or clause uf thi�Secudty Instrument or the Note confi�cta with appUr,�ble law�auch conflict�h�ll nat affect other provisians of thi� Security Instrumeat or the Nota which ean be{iven effect without the rnnfllstlt�provis9on,and to thi�e�d the p�ovisiorts of this Security Instrument and the Notc aro declued to be sever�ble. E. TRANSFER OF THE lROtERTY OR A BENEFICIAL INTEAEST 1N HORROWER i Uaiform Covenant 17 of the Securlty Instrument is amended to rad as followa: I 17. Tn�ter of tre lro�erb a a De�efleW I�kr�at t�Don�oMer.If dl or anY put of the PcopertY or an interest tdecein is snld ar tt�nsferred � (or if a benefid�l interqt ia Borrower i�sold o�transfer�ed and Horrower is not a natural peraon)without Leader's prior wrltten conseat, � l,ender m�►y.at Lender's opdon,deelare all the sums secured bY this Sec.urity Instru�nt to be ttnmedi�tely due and payabk.Howeva.this I option shall not be exercised by Lender lf eacercise is aot authorized by Feder�l law.Lendu msy wa�ve the eacen:i�e of th9s option if:(a)Borrowor • I puses to be submitted ta Lender information required by Lender to evaluste the intended transfera as lf a new loan were bein�m�de to thc , truufera;and(b)Lender reasonabiy determines that Lender's security will not be impsired by the loan assumption and that the dsk of the brach of any coveaant or a�rament in this Security lnsuument is Acceptable to Lender. To the extent permitted by�pplia�ble law.I.ondsr may charge a reasonal�4e Q'ee as a conditlon to Lender's consent to the loan assumption. l.ender may also require the transferee to keep all the promises and agreements made in the Note and In this Securlty Iastrument. •'If Lender eaercises such opdon to accelerate,Lender shall mail Borrower aotia of acce�eaation ln acwrdance with paragraph Za lxreof. � Such noda shall provide a peiiod of not less than 30 days from tht date the notice is mailed within which Borrower may pay the sums dec!sred ' Idue.lf Borrower fails to pay such s�s pdor to the eapirat�on of such perlod,Lender may,without further notitx or ek�and on Hc+asower. • I lavoke any remedies Dernailted by this Security Instrument." � "Notwithstandiag s sak or transfer,Aorrower wlli continue to be obUgated under the Note and this 3ecurity Insmuaea�t unlas L�ckr�as � rele�sed Borrower 9n wridng." I F. LOAN CHANGES If the loan secured by the Security Instrument is subject to a law which sets maximum loan charges,and th�t law is finally 9nterpreted so , , � that the iaterest or other ioan charga collected or to be rnllceted in connection with the loan exceed permitted limits.then:(1)any such loan :;� I chuae shall 6e reduced by the amount neassary to reduce tht cha�ge to the permitted limit:and(2)any sums already collocted from bonower � �=? � which a�coedal permitted limlts wiil be refunded to Borrower.Lender may choose to make this refnnd by reduClttg tite princi�xfi awed nncm'a�c ; Note or by making a direct payment to Borrower. If a refund reduces principal,the reduction v►�fl be treated as a partial Prepsyment under the i= ' Note. - IN WPI'NESS WHEREOF,Borrower hu executed t6ts AdJustabk ltste Rider. . � 1 � � : (�) _ BORRO � Rex E. Carpenter � / �� . / J nadyne arpent�RRO �' :� . � j �: � �� , '. 1 BORROWER . i , (S1GN ORIGINAL ONLI� '. .. i � � � � .. ,—, , ew . c.• . . ,,�,`. ' p " '� a �� ,,� :s �, _� � � Q ,� _ � � .� n, ,_—� a' � � � � , "'v � ' , �"� � i � � � � �' " � , � .:... 7ty G -� �. . �_ .. • ::Y7 I m V► p� ,; :, � " ' , f � , . n � sz -� h rv - • ' � � � l� `' �� '�� � � � � s „ c,.s •,�;� v� � �j � � � `� E -�. cn . 7 `� c;, � + • � � . f � � K � p � J �{' tD _ � , � ;y � - �` � � Lv � ��