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D. UNIHIRM SECURITY INSTRUMENT; GOVERNING I.AW; SEVERABILITY Uniform Cuyenant IS orlhe Security Instrument Is amended to read as follows: 15. Uniform HC'UrUy IDltru.lDfnli GoVfI1llDI Law; Senl'llblllly. This form of Security Instrument combines uniform covenants for national use and n('ln-unlform covenanls with limited variations by jurisdiction to constitute a unifonn security Inslrument covering real property. This Securhy Instrument shall be BDyemed by Federal law and the law of the jurisdiction in which the Property 15 located. In the cvcnllhat Bny provision or clause of this Security Inslrument or the Note connicls with applicable law, such coonlet shall nol affect other provisions of this Security Instrument or the Note which can be givc:n effect without the conflicting provision, and to this cnd the provisions of this Security Instrument nnd the Note are declared to be severable. E. TRANSFER OF THE PROPERTY OR A BENEFICIAL INTERFST IN BORROWER Uniform Covenant 17 or the Security Instrument is amended to read as follows: 11. Transrer or tbe Property or . Beneflelal Inlerrs' In Borrower. If all or any parI of the Property or an interest therein is sold or transferred (or if a beneficial interest in Borrower is sold or transferred and Borrower is not a natural person) without Lender's prior writlen consent, Lender may, at Lender's option, declare all the sums secured by this Security Instrument to be immediately due and payable. However, this option shall not be exercised by Lender if exercise is not authorized by Federal law. Lender may waive the exercise of this oprion if: (a) Borrower causes 10 be submilled 10 Lender information required by lender to evaluale the intended transferee as if a new loan were being made to the transferee; and (b) Lender reasonably determines thaI Lender's securily will not be impaired by the loan assumption and that the risk of the breach of any covenant or agreement in this Security Instrument is acceptable to Lender. To the exlent permitted by applicable law, Lender may charge a reasonable fee as a condition to Lender's consent to the loan assumption. Lender may also require the transferee to keep all the promises and agreements made in the Nole and in this Security Instrument. "If Lender exercises such option to accelerate. Lender shall mall Borrower notice of acceleration in accordance with paragraph 14 hereof. Such notice shall provide a period of nolless than 30 days from the date the notice is mailed vithin which Borrower may pay the sums declared due. If Borrower fails to pay such sums prior to Ihe expiration of such period, lender may, without further notice or demand on Borrower, invoke any remedies permitted by this Security Instrument." "Notwithstanding a sale or transfer, Borrower will continue to be obligated under the Note and this Security Instrument unless Lender has released Borrower in writing." F. WAN CHANGES If the loan secured by the Security Imtrument is subject to a law which sets maximum loan charges, and thntlaw is finally interpreted so that the interest or olher lOBn charges collected or to be collected in connection with the loan exceed permitted limits, then: (1) any such loan charge shall be reduced by the amount necessary 10 reduce the charge to the permitted limit; and (2) any sums already collected from borrower which exceeded permitted limits will be refunded to Borrower. Lender may choose to make this refund by reducing the principal owed under the Note or by making a direct payment to Borrower. If a refund reduces principal, the reduction will be trcatell as a partial prepayment under the Note. IN WITNESS WHEREOF. Borrower bas executed lhis Adjustable Rute Rider. ~ D. yC~e- ',"0 Og:~'1"t;~ Thomas D. Bednar. general ~WfR (Seal) (Seal) BORROWER (SIGN ORIGINAL ONLY) (Seal) p ... ~ . I '\(\ '" ~N " . ~ -::> ;;,;~ ;:;:: . '=' '" , t "'" 0:> en ..... '"'" ..... ..... OU> 00 g'~ QC) a z-l zC"JE:;'\ !!I ~~~~~ !. ;:~ ~llJ~-t-' ~ ~~ L '0 R r-,.. c (j) I-' 3 ~y... ~~ -cn- t-' ; U> 9 ..., :r ..... [, ..--'" ''0 \\