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0, UNIFORM SECURITY INSTRUMENT; GOVERNING LAW, SEVERABILITY Uniform Covenanl15 of the Securhy Instrument is amended to read ns follows: 15. Unlrorm IKalrUy Instrument; Gonmlnl Law; ScnnbllJl)'. This form of Security Instrument combines uniform covenants for national use and non~unirorm covenants with lImited VqrlBllons by jurisdiction to constlture a uniform security instrument covering rcal property. This Security Iilstrumcnt shall be governed by Fedeloallllw and the Jaw of the jurl!\dlcUon in which the Property Is JOCD.ted. In the event that any provision or clause of thi3 Security Instrument or the Note conflicts with applicable law, such conOlel shall not affect other provisions of this Security Instrument or the Nate which can be given effect without the connlctlng provision, and to this end the provisions of this Security Instrument BIId the Note are declared 10 be severable. E. TRANSFER OF mE PROPERTY OR A BENEFICIAL INTEREST IN BORROWER Uniform Covenant 17 oflhe Security Instrument Is nmended to read as follows: 17. Tnlasrer or lIIe PropuCy or 8 BeDendallnlemt In Borrower. If all cr any part of the Property or an interest therein is sold or transCerred (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 eJIIercise is not authorized by Federal law. Lender may waive the exercise of this option iC: (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 Bnd thnt the risk oC the breach of any covenant or agreement in this Security Instrument is acceptable to lender. To thement 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 Ihe Note and in this Security Instrument. "If Lender exercises such option to accelerate, lender shall mail Borrower notice of acceleration in accordance with paragraph ]4 hereof. Such notice shall provide a period of nolless than 30 days from the date the notice is mailed within which Borrower may pay the sums declared dUt:. If Borrower fails to pay such sums prior to the expiration of such period. lender may, without further notice or demand on Borrower. invoke any remedies pennitted by this Security Instrument. tI "Notwithstanding a sale or transfer. Borrower will continue to be obligated under the Note and this Security Instrument unless Lender has released Borrower in writing." F. LOAN CIlANGES If the loan secured by the Security (nstrumenL 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 collected in connection with the Joan exceed permiued limits, then: (1) 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 exceeded permitted limits win be refundc:d 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 will be treated as a partial prepayment under the Note. IN WITNESS WHEREOF, Borrower bu u:ec:uted this Adjustable Rail! Rider. ~ ;? /, ~A"2.. ;<~/2<~ Le Edward RiCfle.;;~iR d~c. ~~ Susan C. Richar~RROWER (Seall (Seall (Seal) BORROWER (SIGN ORIGINAL ONLY) P II- ~ i ,,~ ~ ~ ; f' c;.; "'" "" ,." .-, '" ...... 000 g,;! ~ ~;; 10' -< 2C':)~ 1m o~~~~ 0- iitk~ i ~.::~II ~ ~ ;;: to i 11 -0 =<: N = c.n I ",'J I . VI JL~