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D. UNIFORM SECURITY INSTRUMENT, GOVERNING LAW; SEVERABILlTV Uniform Covenant IS of the Security Instrument is IlD1cnded to read as follows: 15. Uniform securllJ IllStrumeD.; GoYCllllDIiI r."i Sevenblllly, This form of Security Instrument combines uniform covenants for nationAl use nnd non-uniform covenants with IimiEed variations by jlJrisdiction to constitute n uniform security instrument covering real property. This Securhy Instrument shi1lJ be governed by Fcdc:ra1law and the law of the jurisdiction in which the Property is located. In the event lhat any provision or clause of this Security Instrument Dr the Note conflicts with applicable law, such conflict shall not affect other provisions of this Security Instrument or the Note which can be given effect without the conflicting provision, and to this end the provisions of this Security Instrument and the Note arc declared to be severable. E. TRANSFER OF THE PROPERTV OR A BENEFiCIAL INTERFST IN BORROWER Uniform COVe:naJJ117 cftheSecurilY Instrument is amended to read as follows: 17. TnlJufu of the Propet1y or a Bendldal Interest In Borrower. If all or any part of the Propeny or an interest therein is sold or transferred (or if a beneficial interest in Borrower is sold or transferred and Borrower is nol a natural person) without Lender's prior written consent, Lender may, at Lender's option, declare aU the sums secured by this :;ecurity Instrument La be immediately due and payable. However, this option shall not be exercised by Lender if exercise is not authoriud by Federal law. Lenrter may waive the e;II;ercise of this option if: (a) Borrower causes to be submitted to Lender information required by Lender to evaluate the intended transferee as if a new loan were being made to the Iransferee; and (b) Lender TCl1Sonably determines that Lender's securily will not be impaired by the loan assumption and that the risk of the breach of any covenant or agreement in chis Security Instrument is acceptable to Lender. To the extent permined l1y 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 acc:1erate. 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 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 B sale or transfer, Borrower will continue to be t'bligated under the Note and this Security Instrument unless Lender has released Borrowe:r in writing." F. LOAN CHANGES If the loan secured by the: Security Instrument is subject to a Jaw which sets mmmum loan charges, and that law is flnally interpreted so that the: inlerest or other loan charges collected or 10 be collected in connection with the loan exceed. pennitted 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 atreded permitted limits will be refunded to Borrower. Lender may choose to make this refund by reducing the principal oured 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. IN WITNESS WHEREOF, BOTTOw~r bu elet'Uled lhis A.djustable Kale Rider. ~~~t ~~ ~~~ ~~~~ ~-' t--"" ~ ~~ \ , '"I ' ~~ ~~,/ "'- ~~ 4/ !//6'..#~ ..- Elvin W. WillianllPRROWER ---) '1 j;; L'L<<= IJ)I-:/ //.~ Patricia D. Willianl!PRROWER (Seal) (ScalI (Seal) BORROWER (SIGN ORIGI'lAL ONL V) ~ C">Cf> ~1<J 0..... COg' .::> :z: -..... OOii = ::im " n ~ c:: ~~~l ~ ..... => lit ':;: ( = ~~ ~.... '" ~~ ~ ~~ ~ W ~ . ::r ? ' ~ ~& ~ oJ> t '" ~> a Cf> & Cf> 1 \--'-->. c- ~.