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D. UNIfORM SECURITY INSTRUMENT; GOVERNING LAW; SEVERABILITY Unilorm Covenant IS olthe Security [nstrumentls amended to read as follows: 15. Ualform 1eCIIrltJ' .aatnuDeltl; Gol'emlaJ Law; SnerabllllJ. This form of Security Instrument combines uniform covenant. ror national ole and non.unlronn c:ovenants with Urniled variations by jurisdiction to constitute a unirann security instrument covering real property. This Securil~ Instrument shall be governed by Fedcrallaw and the law 01 the jurisdiction in which lbe Properly is located. [n the cvenl that any provision or clause uf lhIs Security Instrument or the Note conOlcls with applicable law, such conOlcl shall notaflect other prOVisions 01 lhis Security In..trument or the Note which can be given effect without the conflicting provision, and to this end the provisions of this Security Instrument and th~ NOle are declared to be severable. I. E. TRANSFER OF mE PROPERTY OR A BENEFICIAL INTEREST IN BORROWER Vnilorm CovCDanl17 of lbe Security [nstrumCIIIIs amended to read as lollows: 17. Tn..r.. or tIJe ProperlJ or a Benendal1nleralln Borrower. [I all or any par. 01 the Proper\}' or an interest therein is sold or translerred (or if a beneficial interest in 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 shall not be exercised by Lender if exercise is no! authorized by Federal law. Lender may waive the exercise of this option if: (8) Borrower cawes to be submitted to Lender information required by 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 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 Jaw, Lender may charge a reasonable fee as a condition to Lender's consent to the loan assumption. Lender may also require the transfcrcc to keep all the promises and agreements made In the Note and in this Security Instrumcnt. "If Lender exerciscs such optJon to acceleratc, Lender shall mail Borrower notice of accelcration In accordance with paragraph 14 hereof. Such notice shall provide a period of not lcss than 30 days from the dale the noticc 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 funhc:r notice or demand on Borrower, invoke any remedies permitted by this Security Instrument." 61Notwithstandlng a sale or tran,sfer, Borrower will continue to be obligated under the Note and this Security Instrument unless Lender has released Borrower in writing. It F, WAN CHANGFS [I the loan secured by Ihe Security Instrument is subject to a law which sets maximum loan chargcs. 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: (1) any such Joan charge shall be reduced by the amount necessary to reduce the charge to the permitted limit: and (2) any sums aJready 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. Jf a refund reduces principal, the reduction will be treated as a partial prepayment under the Note. IN WITNESS WHEREOF, Borro.... has execuled this Adjuslable KIIte Wder. J~ ~ Je# E. :?ann (\' hQl\. ,..., n.. Theresa J. Conn ~ (Seal) BORROWER Ir~ BORROWER (Seal) (Seal) BORROWER (SIGN OR[GlNAL ONLY) ~ ......,... . !l "'" C') en :z:G')a') "'" 0-1 s~~ n :z: c:> => z-l ~i ~ , -= -I'" r-.. -<0 l~i 0-" ...., "TIz :t:'" ~f - >-"" = r-", 01 ~ ~~ r-> = en en :>< N i >- .... U1 a en en W 2J "\ (J> ~ II, ~~ ~ llJ ~ "'- ~ ,~