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D. UNIFORM SECUIlI1Y INSTRUMENT; GOVERNING LAW; SEVERABILITY Uniform Covenant 15 of the Securily Instrument is antl:ndcd to read as (ollom: IS. Ualfona RaUtIJ 11IItnuHat; Gonmlal LaW; SeverabWty. This form of Security Instrument combines uniform covenants for national use and non.uniform covenants with limited variations by jurisdiction to constitute a uniform security instrument covering real propeny. This Security Instrument shall be governed by Federal law and the Jaw of the jurisdiction in which lhc Property is located. [n the event that any provision or clause of (his Security Instrument or the Note conflicts with applicable law, such conflict shall not affect other provisions of this Security Instrument or the Nole which can be given effect without the connicllng provision, and to this end the provisions of this Security Instrument and the Note are declared to be severable. ...~ Eo TRANSFER OF THE PROPERTY OR A BENEFICIAL INTEREST IN BORROWER Uniform Covenant 17 of the Security Instrument is amended to read as follows: 17. Tramferof tile Property or I BeacDc:1aIlnlensl ia Borro1'rC!r. 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 writt~ consent, Lender may, at Lender's oplion, declare aU the sums secured by this Security Instrument to be immediately due and payable. However, this option shall not be exercised b)' Lender if exercise is not authorized by Federal Jaw. Lender may waive the CJ[ercise of this option if; (0) Borrower causes to be submiUed to Lendl'r information required by Lender to evaluate the intended transferee as if a neW Joan were being made to the lranSferee; and (b) Lender reasouably determines that Lender's security will not be impaired by the loan assumption and thai the risk of the breach of any covenant or agreement in this Security Instrument is acceptable to lender. To the alent permitted by applicable law, Lender may charge a reasonable fee as B 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 shall mail Borrower nolice of acceleration in accordance with paragraph 14 hereof. Such nolice 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 funher 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 unles~ Lender has released Borrower in writing." F. LOAN CHANGES If the Joan secured by the Security Instrument is subject to a law which sets maximum Joan charges, and that Jaw 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 pennitted 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 treated as a panial prepayment under the Note. ~~~~ ~{~~ ~~~t ,Z~~ ~\ IN WITNESS WHEREOF, Borrow" hu executed tho AdJDllabl! RIte Rld!r. At d&~ Dale L. SkolJJ BORROWER d1hDJJ~ n1.~klU(~ BORROWER Shirley M. kOIJJ (Seal) (Seal) BORROWER (SIGN ORIGINAL ONL Y) (Seal) . <> U> co CD !~ CD o~ c::'" CO .... 0= ::i~~~g' I " ~ it -< O~;::'::I i ..... ~~ .,., l!: =- > ' 0 0 .- ]f = .- 0 n c; -J c '" ~~ W ~ ...... .= '! ~~I Z P ~.. ''...'''-' . a " rc