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D. UNIFORM SECURITY INSTRUMENT, GOVERNING Lo\W, SEVERABILlTV Uniform Covenant l' or the SecurilY Instrument isumended 10 rt'.Dd as follows: t~. UnUorm MalrltJ IDltfUlltfDl; Gol'emlD. Law; Seuflblllry. This form of Security Instrument combines .mlCorm covena.nts for national we and non-uniform covenants with limited variations by jurisdiction 10 constitute 0 uniform security instrument covering real propeny. This Security Instrument shall be governed. by Fedcrallllw and the law of the Jurisdiction in which the Property Is located. In the event that any provision or clause of this Security Instrument Of the Note conflicts with applicable law, such conflict shall not aCfect other provisions of this Security Instrument or the Note which can be siven effect without the conflictins provision, and to this end the prOVisions of this Security Instrument and the Note are declared to be severable. E. TRANSFER OF THE PROPERTY OR A BENEFICIAL INTEREST IN BORROWER Unifonn Covenant .7 of the Security Instrument is amended to read as follows: 17. Traasfrr or die Property or a BeDefidalloteresl 10 Borrower. If all or any part of the Property or an interest therein is sold or trarnferred (or if a beneficial interest ill Borrower is sold or transferred and Borrower is not a natural person) without Lender's prior written 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 shaD not be exercised by Lender if exercise is not authorized by Federal law. Lender may waive the exercise of this option if: (a) Borrower causes to be submitted to lender inrormation required by Lender to eva.luate the intended transferee as if I) 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 pennitted 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 agreemenL<; made in the Note and in this Security Ins.trument. uIf Lender exercises such option to accelerate, Lender shall mail Borrower notice of acceleration in accordance with paragraph 14 hereof. Such notice shaD provide a period of not less than 30 days from the date Ihe notice is mailed within which Borrower may pay the sums declared due. If Borrower fails to pay such sums prior 10 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 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 Ii 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: (I) any such loan charge shall be reduced by the amount necessary to reduce the charge to the permitted limit; and (2) any sums already collected from borrower which exceeded pennitted 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 treated as a partial prepayment under the Note. ~ IN WITNESS WHEREOF, Borrowcr has cxecuted this AdjustAble RAte Rider. :- ~l.'R~~ ~ JffAt;L Joan . Slough BORROW R (Seal) :. . i !.l (Seal) (Seal) BORROWER (SIGN ORIGINAL ONL Y) ""Cl ::r ..... (";)UJ CO2- o -t COrD",' ~ ~~ f:' Q , -lrr1"3~~ Q.. ~ ;~~,~~ ~ r.o ~ :r_Clf'J C :=;;w tIlj ;>< <na ~ .<.nZ -Ul- W . (fl . ,,'\:j " !: "" t .~ ~~ ~F '" r '- eo =' c::> r> - ..... .... = u:> I.U '" \~.