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D. UNIFORM SECURITY INSTRUMENT, GOVERNING LAW, SEVERABII.ITY Uniform Covenant IS or (he Security Instrument h amended to read 85 follows: 15. Uniform NCIII1t,.IDluumealj Gon"II.."',,; SennblUt,.. This form of Security lrulrumenl combines uniform covenants for national use nnd. non.uniform covenanlS with limited variations by jurisdiction to constitute D unl(orm security Instrument covtrlng real propeny. This Securlly Instrument shall be governed by Fcdcrallaw and the law of the jurisdiction in which the Property 15 locaud. In the event that any provision or clause of this Securily InstrumcDI or the NOlc conflicts with applicable law, such conniet shall not affect other provisions of this Sca1rlly Inst.-umcnt or the Note which can be glv-:n effect without the connh:ting provision, and to I,hls end the provisions of this Security Instrumcnl and the Note arc declared to be severable. F. TRANSFER OF TIlE PROPERTY OR A BENEFICIAL INTEREST IN BORROWER Uniform Covenant 17 of the Security Instrument is amended 10 read as foUo~.'s: 17. Traalfer of Ihe Properly or a Btnendal Iakralla BorrowlI!r. If nil or any pan 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 written consent. Lender May, al Lender's option. declare all the fiUms secured by this Security Instrument to be immediately due and payable. However, this option shall not be exercised by Lender if exercise is not authorized by Fcderallaw. Lender may waive the exercise 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 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 acc:c:ptable 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. L.cnder may also require the transferee to keep all the promises and agreements made in the Notc and in this Security Instrument. "If Lender exercises such option to accelerate, Lender shaH mail Borrower notice of acceleration in accordance with paragraph 14 hereof. Such notice shall provide a period of not less 1han 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 tn the expiration of such period. Lender may, without further notice or demand on Borrower, invoke any remedies permitted by this Security Instrument. II "Notwithstanding a sale or transfer, Borrower will continue to be obligated under the Note and this Security Instrument UnJ5S Lender has released Borrower in writing." F. WAN CHANGES If the loan secured by the Security ID.5trument is subject to a law which sets maximum loan charges. and that law is finally interpreted so thai the interest or other loan charges collected or to be collected in connection with the loan exceed permitted limits, then: (I) any such Joan 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 exceeded pe:nnitted limits will be refunded 10 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 partial prepayment under the Note. IN WITNESS WHEREOF. Borrower bas executed Ibis Adjustable Rale Rider. .c::~-fe <. /?~ Evelyn . An ersonBORROWER d~~ Ambrose F. Dolan (Seal) (Seal) (Seal) BORROWER (SIGN ORIGINAL ONL Yl ~ CD CD <=> ,." <-> c:o U> 0-1 ~ ~.2~~ -< OC CJ I o -q~;a 0 ~ ;:;[ g.... 2 :> CD, 0 3 ;::;;~ Ol '" en ~ '"', Ol z: ~.::' " .:c 9 ~ to '" " ~ .. Q. 1l: Ii> ,.. ,)0 : ~ :. o ., " )(j 11 '1 !~ ~f en .", = ...... ...... w "" I'" ,