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200209408 B. TRANSFER OF TIIE PROPERTY OR A BENEFICIAL INTEREST IN BORROWER Uniform Covenant 18 of the Security Instrument is amended to read as follows: (1) WHEN MV INITIAL FIRE INTEREST RATE CHANGES TO AN An AISTAELE INTEREST RATE UNDER THE TERMS STATES IN SECTION 4 ABOVE. UNIFORM COVENANT 18 OF THE SECURITY INSTRUMENT DESCRIBED IN SECTION B(2) BFLGW SHALL I HEN CEASE TO BE IN EFFECT. AND UNIFORM COVENANT 18 OF THE SE CUR TV INSTRUMENT SHALL INSTEAD BE DES CR I BEO 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 beneficial interest in the Property, including, but not limited to, those beneficial interests transferred in a bond for deed, contract for deed, installment sales emtract or escrow agreement, the intent of which is the transfer of the 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 a 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 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 if: (a) Borrower causes to be submitted to Lender information required by Lender to evaluate the intended transferee as if a new loan were being made to the transferee: and (b) Lender reasonably determine., that Lender's security will not be impaired by the loan assumption and that the risk of a breach of any covenant or agreement in this 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 promise; and agreements made in the Note and in this Security Instrument. Borrower will continue to be obligated under the Nutt and this Security Instrument unless Lender releases Borrower in writing. ES899R .g.. m s MGNR 09103102 8:43 AM 6169382170