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. ~lal L D. UNIFOIIM SECURIn' INS11lUMENT; GOVERNING LAW; SEVERABILITY Uniform CoyawIl15 oFlhe Sc<urIly IDltrumenllumend<d 10 read.. follows: 15. UaIf_1OOlUI/J' _I; Go....... Law; s.....bWly. ThIs form of Security IDltrumenl combln.. uniform coyeoanll for national use and nOD.unlform COYCIWIII wilh IImll<d yliriations by Jurisdiction 10 consUlule a uniform ,"",,"ty IDllrument covering real properlY. Thl. Seeuri!)' IDltrumCIII shall be governed by F<derallaw and Ihe law of the Jurisdiction in whlcb \he Property Is Jocaled. In lbe event that any provision or clause of this Security Instrument or the Note canmets with applicable law. such conflict shall not affect other provisions of this Security lmtrumenl or the Notc which can be given drect without the conflicting provision, and to this end the provisions of this Security Instrument and the Nole ale declared to be severable. Eo TIlANSI'ER OF 11IE PROPERTY OR A BENEFICIAL INTEREST IN BORROWER Uniform Covenant 17 of the Securiry Instrument is amended to read as ronows: 17. TrlUIsfer of'" ~ or. _I_teralln BotTO...r. If all or any part of tbe Properly or an interest therein is .old or tramferred (or if a beneficial intereSt in Borrower is sold or transferred. and Borrower is not a natural person) without Lender's prior wriuen consent, Lender may, at Lcuder'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 ir exercise is not authorized by Federal law. Lender may waive the exercise of this option if: (a) BorrO\\a causes to be submitted to Lender information required by Lender to evaluate the intended transferee as if a new loan w:re being made to the transferee; and (b) Lender reasonably detertt I ncs 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 Instrument. "If Lender exercises 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. If Borrower fails to pay such SWD5 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 will continue to be obligated under the Note and this Security Instrument unh:ss Lender has released Borrower in writing. tt 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 that the interest or other loan charges collected or to be collccted in connection with the loan exceed permitted limits, then: (1) any such loan charse 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 permined 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 win be treated as a partial prepayment under the Note. IN WITNESS WHEREOF. Borro_ bu......led Ibl. Adjaallblellllle Rider. .~ /J Adk- )hn S. Schu te BORROWER 'P~~cL~ ianne L. Schulte BORROWER (Seal) (Seal) (Seal) BORROWER (SIGN ORlGINAL ONLY) . """ .... :II: co c: o en g~ ClO,;' = -I 00- -I....i!1'i!l.'r~ ~ ;lrHi I-"~ %",_ LIII ~~~ 00 r->- cnQ ~ I ......~ ~-=: I\) I en ...... en f. p r- >- I. ~):J i~ ~f ..... ...., ::I: .... \.lj ':\ \~