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88104904
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Last modified
3/9/2007 5:41:40 PM
Creation date
3/9/2007 4:40:40 AM
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DEEDS
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88104904
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<br />I). UNIFORM SECURIT\' INSTRUMENT; GOVERNING "AW; St:Vt:RABII.JTY <br />Uniform COlleRanllS of the Security Instrument is amended 10 read II!! follows: <br /> <br />15. v.lrorm IKUrtr, lutrumst; GovemlDI uw: Stnnblllly. This form of Security Instrument combines unlfonn covenanls for national u!le <br />and non-uniform covenants with limited variations by Jurisdiction to constitute a uniform security instrument covering real property. This <br />Security Instrument shall be governed by Federal law and the law of the jurisdiction in which the Properly is located. In the event that any <br />provision or clause of this Security Instrument or the Nole connlC15 with applicable taw, such connict shall not affect olher provisions of this <br />Security Instrument or the Note which can be given effect without the connlcting provision, and Co this end Ihe provisions of thl! Security <br />Instrument and the Note are declared. to be severable. <br /> <br />F. TRANSFER OF THE PROPERIT OR A BENEFICIAL INTEREST IN BORROWER <br />Uniform Covenant 17 of the Security Instrument is amended to read as follows: <br /> <br />17. Traasfrr of .be Property Of. Beneficial lo.erat ID Borrowef, If all or any part of the Property or an Interest therein is sold or transferred <br />(or if a beneficial interest In Borrower is sold or transferred and Borrower is not a natural person) without L~nder's prior written consent, <br />Lender may. at Lender's option, declare all the sums secured by this Security [nstrument to be Immediately due and payable. However, this <br />option shall not be exercised by Lender if exercise is not authorized by Federal law. Lender may waive the exercise of this option if: (a) Borrower <br />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 <br />transferee; and (b) Lender reasonably determines thllt Lender's security will not be Impaired by the 10lln assumption and that the risk of the <br />breach of any covenant or agreement in this Security Instrument is acceptable to Lender. <br />To the extent permitted by applicable law, lender may charge a reasonable fee iL'i a condition to Lender's consent to the loan assumption. <br />lender may also require the transferee to keep aU the promises and agreements mode in the Note and in this Security Instrument. <br />"If Lender exercises such option to accelerate, Lender sholl mail Borrower notice of acceleration in accordance with paragraph 14 hereof. <br />Such notice shall provide a period of not less than 30 days from the dO.le the notice is mailed within which Borrower may pay the sums declared <br />due. If Borrower falls to pay such sums prior to the expiration of such period, lender may, without further nollce or demand on Borrower, <br />invoke! any remedies permitted by this Security Instrument." <br />"Notwithstanding a sale or transfer, Borrower will continue 10 be obligated under the Note and Ihis Security Instrument unless lender has <br />released Borrower In writing." <br /> <br />F. WAN CHANGES <br />If the loan secured by the Security Instrument is subject to a law which sets maximum loan charges, and that low is finally interpreted so <br />thai the interest or other loan charges collected or to be collected in connection with the loan exceed permitted limits, then: (1) any such loan <br />charge shall be m:luced by the amount necessary 10 reduce the chorge 10 the permitted limit; and (2) any sums already collected from borrower <br />which exceeded permitted limits will be refunded 10 Borrower. lender may choose to make this refund by reducing the principal owr.d under the <br />Note or by making a direct payment to Borrower. If 0 refund reduces principal, the reduction will be treated as a partial prepayment under the <br />Note. <br /> <br />IN WITNFSS WHEREOF. Bonowrr hu rlKulrd Ih18 AdJuNlablr Rale Rider. <br /> <br />(j);tk.'J- B.1< P~t <br /> <br />Wilbur 8. K1eint BORROWER <br /> <br />(Seal) <br /> <br />J jYUfiVJ:;j( ~L~vi:- <br /> <br />Sharon K. Kleint BORROWER <br /> <br />(Seal) <br /> <br />(Seal) <br /> <br />BORROWER <br />(SIGN ORIGINAL ONL YI <br /> <br />F> .... <br /> " <br />... ~ ii <br />I f~ ClO C'> en &. <br />"" 0-1 <br /> <=;p ~ <br />.,. z-l <br />...... ......... <br />..... -<0 I:) <br /> 0'" !l <br />"" "'z c <br /> :e.... 3 <br />- ".co '" <br />::r r-;xJ a <br /> r-". <br /> <t> 2 <br /> "" ~ <br /> ~!:. p <br /> <t> <br /> en <br /> ~ <br /> "" <br /> ,~ <br />
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