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<br />D. UNIFORM SECURIT\' INSTRUMENT; GOVERNING LAW; SEVERABILITY <br />Unifonn Covenant IS oflhe Security ]nstrum~nt is amended to read 85 follows: <br /> <br />15. Unlfonn SKUrtty laalrumenl; GovemlDI "''''i Sevenbllity. This form of Se..-.Jflty Instrument combines uniform covenants for national use <br />and non.uniform covenants with limited variations by jurisdiction to constitute a uniform security instrument covering real property. This <br />Security Instrument shall be governed by Federal law and the law of the jurisdiction in which the Property is located. In the event that any <br />provision or clause of this Security Instrument or the Note conflicts with applicable law, such conflict shall nOI affect other provisions of this <br />Security Instrument or the Note which can be given effect without the conflicting provision, and to this end the provisions of this Security <br />Instrument and the Note are declared to be severable. <br /> <br />E. TRANSFER OF THE PROPERTY OR A BENEFICIAL INTEREST IN BORROWER <br />Uniform Covenant 17 of the Security Instrument is amended to read as follows: <br /> <br />17. TnlDsfer of tbe Property or a BendidallDlemt In Borrower. If all or any part of the Property or an interest thereJn is sold or transferred <br />(or if a beneficial interest in Borrower is sold or transferred and Borrower is not a natural person) withom Lender's prior written consent, <br />Lender may, at Lender's option. declare aU the sums secured by this Security Instrument to be immediately aue and payable. However, this <br />option shall not be exercised by Lender if exercise Is not authorized by Federal law. Lender may waive the exercise of this option if: (a) Borrower <br />causes (0 be submitted to Lender information required by Lender to evaluate the intended transferee as if a new loan were being made [0 the <br />transferee: and (b) Lender reasonably determines that Lender's security will not be impaired by the loan assumption and that the risk of the <br />breach of any covenant or agreement in this Security Instrument is acceptable to Lender. <br />To the extent permitted by applicable law. Lender may charge a reasonable fee as a condition to Lender's consent to the loan assumption. <br />Lender may also require the- transferee to keep all the promises and agreements made in the Note and in this Security Instrument. <br />"If Lender exercises such option to accelerate, Lender shall mail Borrower notice of acceleration in accordance with paragraph 14 hereof. <br />Such notice shall provide a period of not less than 30 days from the date the notice is mailed within which Borrower may pay lhe sums declared <br />due. If Borrower fails to pay such sums prior to rhe expiration of such period, Lender may, without funher notice or demand on Borrower, <br />invoke any remedies permiued by this Security Instrument." <br />"Notwithstanding a sale or transfer, Borrower will continue to be obligated under the Note and this Security Instrument unless Lender has <br />released Borrower in writing." <br /> <br />F. LOAN CHANGES <br />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 <br />that the interest Dr other loan charges collected or to be collected in connection with the loan exceed permitted limits, then: (J) any such loan <br />charge shall be reduced by the amount necessary to reduce the charge to the permitted limit; and (2) any sums already collected from borrower <br />which exceeded permitted limits will be refunded to Borrower. lender may choose to make this refund by reducing the principal owed under the <br />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 <br />Note. <br /> <br />IN WITNESS WHEREOF, Borrower bas exccult'd Ihis Adjustable Ra'e Rider. <br /> <br />C~\."".~ G #~"L <br /> <br />(Seal) <br /> <br />Donald D. Dei tch1erBORROWER <br /> <br />1lJa4/Jd.J1/-.~ J,~,iJJe1/ <br /> <br />Marvelyn I.JDeitch~ROWER <br /> <br />(Seal) <br /> <br />(Seal) <br /> <br />BORROWER <br />(SIGN ORIGINAL ONLY) <br /> <br /> . Olf) <br /> co <br /> ,,~ ex> a -l (lO ... <br /> :z c:> (lOa <br /> - -l <br /> = ::j1'T1 I i <br /> ~l = -<c>~~t;:t <br /> ~ o -03 ~ ~ Of <br /> ~ ::l~~ In <br />~~ ..... 0 <br />~f ~~ 0) 0 <br />::x n <br />Q c <br />~ ~ 3 <br />en ..........::. to III <br /> '\ ~ a <br /> -.. If) N <br />~ ~ If) '1 <br /><:>.. <br />"'l\ ~ <br /> , <br /> "- <br /> \,~ <br /> C <br /> ~;:c <br />