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D, UNIFORM SECURlT\' INSTRUMENT; GOVERNING LAW; SEVERABILlTV Uniform Co\'cnantl5 orlhe Securit)' lnsuumc:ntls amended 10 read 05 follows: 15. Valrorm IeCUrity laslrumenl; Gonmlq Law; Sevenblllty. This (orm of Security Instrument combines uniform covcnanlJ for national use: Bnd non.unlfonn covenants with Ilmiled variallons by jurisdiction to constilmc a uniform security instrument covering real property. Thill Security Instrument shall be governed by Fedc:rallaw and the lllw of the jurisdiction in which the: Property Is located. In the event lhat Bny provision or clause: of this Security Instrument or the Notc connicts with applicable law, such conflict shall not affect other provlsioIl5 of this Security InstrUment or the Note which can be given effect wilbout the connlcting provision. and to this end the provi91ons of this Security Instrument and the Note are declared to be severable. E. TRANSFER OF TIlE PROPERTY OR A BENEFICIAL INTEREST IN BORROWER Uniform Covenant 17 of the Security Instrument is amended to read as follows: 17. Tnnsrer of the Property or 8 BeDeflcl8llateresl In Borrower. If all or any part 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 written consent. Lender nld.Y, 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 exerchie is not authorized by Federal law . Lender may waive the exercise of this option if: (0) 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 determines that Lender's security 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 extent 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 Note and in this Security Instrumr.nt. "If Lender exerci!es such option to accelerate, Lender shall mail Borrower notice of acceleration in accordance with paragraph 14 hereof. Such notice shall provide a period of not less than 30 days from the dale the notice is mailed within which Borrower may pay the sums declared due. Ir Borrower fails to pay such sums prior to the expiration of such period, Lender may. without further notice or demand on Borrower, invoke any remedies permitted by this Security (nstrument." "Notwithstanding a sale or trans!er. 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 Instrument is subject to a law which sets maximum loan charges, and that law is finally interpreted so that the interest or other loan 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 (he permitted limit; Ilnd (2) any sums already collected from borrower which exceeded permitted limits wiD 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 trealed as a partial prepayment under the Note. IN WITNESS WHEREOF, Borrower he enculed Ihis AdJuslable Rale Rider. p ... I)i . t ~ - C;~ :)S ~ 0, y(~c- Og:;I't;~ Thomas D. Bednar, general ~WfR Lynn (Seal) (Seal) BORROWER (SIGN ORIGINAL ONLY) (Seal) S033 a .:10 ':J.:llJ f""I"r-r:;;~6 6E 2 Ud 82 d3S B8. ~t(j ~ Ap'~ ;;; . '" en > t { "VH .:10 Alll1100 SS (VllSVU83N .:10 3!'115 ~ l,ollawnl'l i~allIU.J[) ~,,>Y> ~ JOIU~J[) o~ ;Of::P"> Z 9 ~ SO '[ -u ()">~ 'OR tU1IW1I:IO(J SlI fll'.Ielu~ = = .... ,.., ""D '" ....... g.~ 0000 ... r:=":> a ~~ ~C')~\ ~ ~~~~a &. ~;; ~m ll:,\.... III ~~ ~ '0 W .-> c en ..... 3 ~ y... ..s=~ ........en....... ...... i en !' -a ::r ....... ....... \;, )oc '" 1,--> .~ . ,