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<br />0, UNIFORM SECUIlITY INSTRUMENT; GOVERNING LAWI SEVERABILITY <br />Uniform Covenant I:! of the Security hlltrument Is amended 10 read.. followl: <br /> <br />15. V"'..eemrttJ I_In""" Go,endq Law; SnmbtUI)'. TId, form of Security Instrument combines uniform covenants for national use <br />and non-uniform l;OVenants with limited variatlom by jurJJdlcllon to corntltule a uniform security imtrument covering feal properLy. 111111 <br />Security lnslrWnent shall be lovemed by Federal law and thClllw of the Jurisdiction in which the Propeny I. located. In the event that any <br />provillo:J. or clause of this SecurUy [nsfromen' or the Note conmelS with applicable law. such conflIct shall nol aefect other provisions of lhb <br />Security JDltrument Of the Note which can be aivcn effect without the conflh:tJng provision, and to this end the provisions of this Security <br />Instrument and the Note are dcclued to be severable. <br /> <br />E. TRANSn:R OF THE PROPERTY OR A BENEFICIAL INTEREST IN BORROWER <br />Uniform Covenant 17 or the Security Instrument is amended to read as followa: <br /> <br />17. Trusfer of die Property or _ BeaefldaJ latertl'. in Borrower. If aU or any part of the Property or an interest therein is sold or transferred <br />(or if a beneficial interestln Borrower is sold or transferred and Borrower ls not a natural person) without Lender's prior written consent, <br />l-ender may, at Lender's option. declare all the sums secured by this Security Instrument to be immediately due JU1d payable. However, this <br />option shaD not be exercised by Lender if exercise is not authorized by Fcderallaw. Lender may waive the exercise of thi! option if: (a) Borrower <br />causes 10 be submltted to Lender lnformation required by lender to e\'31uate the inlended transferee 8$ if a new loan were being made to the <br />transferee; and (b) Lender reasonably determines that Lender's security will not be impaired by the loan assumptlon and lhat the risk of the <br />breach of any covenant or agreement in lhis Security Imtrument ts 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 lrBJt5feree to keep all the promises and agreements made in the Note and in this Security Instrument. <br />IIIf 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 pmod of not less than 30 days from the date the notice is mailed within which Borrower may pay the sums declared <br />due. If Borrower fails to pay such sums prior to the expiration of such period, Lender may, without further notice or demand on Borrower. <br />Invoke 80y remedies permitted by this Security Instrument," <br />I'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 whic:h sets maximum loan charges, and that law is fmally interpreted so <br />that the interest or other loan charges collected or to be collected in connection with the loan exceed permitted limits. then: (I) any such loan <br />charge shall be reduced by the amount necessary to reduce the cbarge to the permitted limitj and (2) any swm already collected from borrower <br />which exceeded permitted limits will be refunded to Borrower. Lender may choose to make this refund by redudng the principal owed under the <br />Note or by making 8 direct payment to Borrower. If a refund reduces principal, the reduction wiD be treated as a partial prepayment under the <br />Note. <br /> <br />IN WITNESS WHEREOF. Borrower hu.....led lh10 Adjustable Rate Rider. <br /> <br />____ ~A I <br />/..~-- J, ??-;- . 17 (Seal) <br />Ti~thy ~~~2'i<;j10RROWE ( <br /> <br />r:J ~) ('f 'oJ <br />Debra J. Lessig <br /> <br />~,'flx?0~ <br />RROWER <br /> <br />(Seal) <br /> <br />(Seal) <br /> <br />BORROWER <br />(SIGN ORIGINAL ONLY) <br /> <br /> . om ... <br /> 0:> 00 :l <br /> so~ 0:> 0-1 iil <br /> c: > r!;1O <br /> = _ -{'" ~~, 1 <br /> I'M ~fT131g; <br /> n ~ c-:> <br />l ~ , ~J~i <br />0 (t. +:' <br />.." <br />.", t '"1::1 <br />en ::I: <br />m <br />'::> +:' "" -.I .. <br /> ~~ :n t > W 3- <br /> ---- OJ- <br /> 0:> en <br />~ m <br />L ~ ~ <br /> ~ ~" <br /> ~ <br /> <br />I . <br />.," <br />