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200600238
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Last modified
1/10/2006 12:56:08 PM
Creation date
1/10/2006 12:51:08 PM
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DEEDS
Inst Number
200600238
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<br />200600238 <br /> <br />LOAN #: 115206871 <br />B. TRANSFER OF THE PROPERTY OR A BENEFICIAL INTEREST IN BORROWER <br />Uniform Covenant 18 of the Security Instrument is amended to read as follows: <br />Transfer of the Property or a Beneficial Interest in Borrower. As used in this Section 18, <br />"Interest in the Property" means any legal or beneficial interest in the Property, including, but not <br />limited to, those beneficial interests transferred in a bond for deed, contract for deed, installment sales <br />contract or escrow agreement, the intent of which is the transfer of title by Borrower at a future date <br />to a purcha~er. <br />If all or any part of the Properly or any Interest in the Property is sold or transferred (or if a <br />Borrower is not a natural person and a beneficial interest in Borrower is sold or transferred) without <br />Lender's prior written consent, Lender may require immediate payment in full of all sums secured by <br />this Security Instrument. However, this option shall not be exercised by Lender if such exercise is <br />prohibited by Applicable Law. <br />If Lender exercises the option to require immediate payment in full, Lender shall give Borrower <br />notice of acceleration. The notice shall provide a period of not less than 30 days from the date the <br />notice is given in accordance with Section 15 within which Borrower must pay all sums secured by <br />this Security Instrument. If Borrower fails to pay these sums prior to the expiration of this period, <br />Lender may invoke any remedies permitted by this Security Instrument without further notice or <br />demand on Borrower. <br /> <br />BY SIGNING BELOW, Borrower accepts and agrees to the terms and covenant~ contained in this Interest <br />Only Adjustable Rate Rider. <br /> <br />~~~ <br /> <br />MANUEL DIAZ HERNANDEZ <br /> <br />(Seal) <br />- Borrower <br /> <br />(Seal) <br />- Borrower <br /> <br />(Seal) <br />- Borrower <br /> <br />(Seal) <br />- Borrower <br /> <br />. Be . Interest Only ARM Rider <br />2E121-XX (02/04) <br /> <br />Page 3 of 3 <br />
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