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D. UNIFORM SECURITY INSTRUMENT; GOVERNING LAW, SEVERABILITY Uniform Covcnan11~ of the Security Instrument Is amended to read as follows: 15. U.uonaRt'llriryl..tn....l; GOYfmlal Law; SnrnbWC,.. This fonn of Securlt)' Imlrumenl combines uniform covenants for national use and n('ln-unlform covenan15 with limited variations by Jurisdiction to constitulc n uniCorm security instrument covering real property. This Sceurity Insuume:nt shall be Boverned by Federal law and the law of the jurisdiction in which the Property is located. [n the event Lbat any provision or clause of this Security Instrument or the Note conflicts with applicable law, such tonnicl shall not affect othCi provisions of lhJs Security Instrument or the Notc which can be given effect without the conflicting provision, Bnd ID this end the provisions of this Security Insuument and the Note are declared to be severable. E. lllANSFER OF 1lIE PROPERlY OR A BENEFlOAL INTEREST IN BORROWER Uniform Covenant 11 of the Security Instrument is amended to read as follows: 17. Tnlllfer of the Propa1)' or. &e.fidallnlrrat In Borrower. If all or any part of the Property or an interest tllerein is sold or transferred (or if a beneficial interest in Borrower is sold or transferred and Borrower is nol B nntural person) without Lender's prior written consent, Lender ma,{ al Lender's option. decl~ aU the sumo;; secured by this Security Instrument to be immediately due and payable. However, this option ~~ be c;ercised by Lender if exercise is nOl authorized by Federal law. Lender may waive the exercise of this option if: (a) Borrower causes to ~ submitted. to Lender information required oy 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 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 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 Instrument. "If Lender exercises such option to accelerate, Lender shan mail Borrower notice of acceleration in accordance: with paragraph 14 hereor. Such notice shall provide a period of not less than 30 days from the date the notice is mailed within which Borrower may pay the sums declared dUe. If 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 Instrument." . 'Notwithstanding a sale or transfer, Borrower \\ill continue to be obligated under the Note and this Security Instrument unless Lender has released Borrower in writing." F. LOAN 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 thalthe interest or other loan charges collected or to be collected in connection with the loan exceed penniucd limits, then: (I) any such loan charge shall be red.uced by the amount necessary to reduce the charge to the permitted limit; and (2) any sums already collecled 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 he treated as a partial prepayment under the Note. IN WITNESS WHEREOF, BorroWa' has eu'Cuted ebb Adjusl.ble Rall' Rider. l5 J~, !'\">. e!'ian 5. Norton ,d/VX1! Lisa J. Nissen :5 "'-~ BORROWER - b (Seal) (Seal) (Seal) BORROWER (SIGN ORIGINAL ONLY) cO (') en ~)J CO C> .... 00 .... ==~ 00 " <=> Iii r> ::j..... I i - -<0 ~t 0-" co "'T1zzC')"~ :J: ~~~iio 0 0 .~ po :=~~i2tT1 0 m .. :::s: n p m ~![\~t~ c: 0 .... 3 r" :J> .. '" a ~ ... l' III \ PI \.tJ \'~