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200205512 Transfer of the Property or a Beneficial Interest in Borrower. As used in this Section 18, "Interest in the property" means any legal or beneficial interest in the Property, including, but not limited to, those beneficial imeresc, transferred in a bond for deed, contract for deed, installment sales contract of escrow agreement, the intent of which is the transfer of title by Borrower at a finite date to a purchaser. If all or any part of the Property or any Interest in the Property is sold or transferred ('or if Borrower is not a natural person and a beneficial interest in Borrower is sold or transferred) without Lender's prior written consent, Lender may require innnediate payment in full of all SUMS secural by this Security Instrument. However, this option shall not be exercised by Lender if such exercise is prohibited by Applicable Law. If Lender exercises this option Lender shall give Borrower notice of acceleration. The notice shall provide a period of not less than 30 days from the date the notice is given in accordance with Section 15 within which Borrower mast pay all sums secured by this Smithy Instrument. If Borrower tails to pay, these sums prior to the expiration of this period, Lender may invoke any remedies pertnittei by this Security Instrument without further notice or demand on Borrower. 2. When Borrower's initial fixed interest rate changes to an adjustable interest rate under the terms stated in Section A above, Uniform Covenaal IS of the Security Instrument described in Section B1 above shall then cease to be in effect, sell the provisions of Uniform Covcnxnt 18 of the Security Instrument shall be amended to read as follows: Transfer of the Property or a Beneficial Interest In Borrower. As used in this Section 18, "Interest in the Property" means any legal or bcncGcial interest in the Property, including, but not limited to, those beneficial interests torisfeired in a bond for decd, contract for deed, installment sales contract or cxcrow agreement, the intent of which is the transfer of title by Borrower at a future date to a purchaser. If all or any part of the Property or any Interest in the Property is sold or transferred (or if R(rrower is not a natural person and a beneficial interest in Borrower is sold or transferred) without Lender's prior written consent, Lender may, require immediate payment in full of all sums secured by this Security Instrument. However, this option shall not be exercised by Lender if such exercise is prohibited by Applicable Law. Lender also shall not exercise this option it: (a) Borrower causes to be submitted to Lender information required by Lender to evaluate the intended transfers as if a new loan were being made to the transferee; and (b) Leader reasonably determines that Lender's security will not be impaired by the ]call assumption and that the risk of a breach of any covenant or agreement in hi, Security Instrument is acceptable to Lender. To the extent permitted by Applicable Law, Lender may charge a reasonable fee as a condition to Lender's consent to the loan assumption. Lender also may require the transferee to sign an assumption agreement that is acceptable to Lender and that obligates the transferee to keep all the promises and agrcemm�t.i made in the Note and in this Security Instrument. Borrower will continue to be obligated under the Note and this Security Instrument unless Lender r l ases Borrower in writing If Lender excmises the option to require immediate payment in full, Lender shall give Borrower notice of acceleration. The notice shall provide a period of not Iess ttwh 30 days from the date the notice is given in accordance with Section I5 within which Borrower must pay all mmar it � 843R (0006) Pvga 3 of 4 Faun 3182 1101 w