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<br />200609838 <br /> <br />If Lender exercises the option to require immediate payment in full, Lender shall <br />give Borrower notice of acceleration. The notice shall provide a period of not less than <br />30 days from the date the notice is given in accordance with Section 15 within which <br />Borrower must pay all sums secured by this Security Instrument. If Borrower fails to <br />pay these sums prior to the expiration of this period, Lender may invoke any remedies <br />permitted by this Security Instrument without further notice or demand on Borrower. <br /> <br />(2) UNTIL MY INITIAL FIXED INTEREST RATE CHANGES TO AN ADJUSTABLE <br />INTEREST RATE UNDER THE TERMS STATED IN SECTION 4 ABOVE, UNIFORM COVENANT <br />18 OF THE SECURITY INSTRUMENT SHALL READ AS FOLLOWS: <br /> <br />TRANSFER OF THE PROPERTY OR A BENEFICIAL INTEREST IN BORROWER. AS <br />USED IN THIS SECTION 18, "INTEREST IN THE PROPERTY" MEANS ANY LEGAL OR <br />BENEFICIAL INTEREST IN THE PROPERTY, INCLUDING, BUT NOT LIMITED TO, THOSE <br />BENEFICIAL INTERESTS TRANSFERRED IN A BOND FOR DEED, CONTRACT FOR DEED, <br />INSTALLMENT SALES CONTRACT OR ESCROW AGREEMENT, THE INTENT OF WHICH IS <br />THE TRANSFER OF TITLE BY BORROWER AT A FUTURE DATE TO A PURCHASER. <br />IF ALL OR ANY PART OF THE PROPERTY OR ANY INTEREST IN THE PROPERTY IS <br />SOLD OR TRANSFERRED (OR IF BORROWER IS NOT A NATURAL PERSON AND A <br />BENEFICIAL INTEREST IN BORROWER IS SOLD OR TRANSFERRED) WITHOUT LENDER'S <br />PRIOR WRITTEN CONSENT, LENDER MAY REQUIRE IMMEDIATE PAYMENT IN FULL OF <br />ALL SUMS SECURED BY THIS SECURITY INSTRUMENT. HOWEVER, THIS OPTION SHALL <br />NOT BE EXERCISED BY LENDER IF EXERCISE IS PROHIBITED BY APPLICABLE LAW. <br />IF LENDER EXERCISES THIS OPTION, LENDER SHALL GIVE BORROWER NOTICE OF <br />ACCELERATION. THE NOTICE SHALL PROVIDE A PERIOD OF NOT LESS THAN 30 DAYS <br />FROM THE DATE THE NOTICE IS GIVEN IN ACCORDANCE WITH SECTION 15 WITHIN <br />WHICH BORROWER MUST PAY ALL SUMS SECURED BY THIS SECURITY INSTRUMENT. IF <br />BORROWER FAILS TO PAY THESE SUMS PRIOR TO THE EXPIRATION OF THIS PERIOD, <br />LENDER MAY INVOKE ANY REMEDIES PERMITTED BY THIS SECURITY INSTRUMENT <br />WITHOUT FURTHER NOTICE OR DEMAND ON BORROWER. <br /> <br />BS899R (0402) <br /> <br />Page 5 of 6 <br /> <br />MGNR 10/31/06 4:45 PM 6492923534 <br /> <br />s~ <br /> <br />\~~ <br />