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II. UNIFODlM SECURITY fNSTRlJMENT; GOVERNING LAW; SEVERAIIIUTY Uniform Covenanl J.5 of the Sccurily Instrument Is amended 10 rend as follows: 15. Valrorm IftUrtty IDStrumcD<<; GonmlDI [.1;", Sfyerablllty. This form of Security Instrument combines uniform covcnwlts for national use nnd non-uniform covenants '\Iltb limited ysriatJons by jurisdiction to constitute a uniform security instrument coverlns rcal property. This Security Inslrumcn~: ~f .oil :::'" ~OYmJed by Federal law and the law of the jurisdiction ~n which the Property is located. In the event that any provision or clRuse '" ,,;; ::i:..'IIrlty Instrument or the Note connlcls with nppllcnblelew, such connlcl .hell nol affect other provisions of this Security Instrument Dr the NOle which can be given eCfcel without the connictlng provisionl and to this end the provisions of this Security Instrument and the Note arc declared to be severable. E. TRANSFER OF THE PROPERTY OR A BENEFICIAL INTF,REST IN BORROWER Uniform Covenant 17 of the Security Instrument is amendeD to read as f('nows: 17. Tnasfer of the Property or. Benencl.llnteres1ln Borrower. If all or any part 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. at Lender's option. declare all the sums secured by this Security Instrument to be immediately due and payable. However, this option shall nol be exercised by Lender if exercise is not authorized by Federal law. Lender may weive 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 detennines 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 transferee to keep all the promises and agreements made in the Note and in this Security Instrument. "If Lender exercises such option to accelerate, Lender shall mail Borrower notice of acceleration in accordance with paragraph 14 hereof. Such notice shall provide a period of nor less rhan 30 days from the date rhe 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 further notice or demand on Borrower. invoke any remedies permitted by this Security Instrument. ,t HNotwithstanding a sale or transfer. Borrower win continue to be obligated under the Note and this Security Instrument unless Lender has released Borrower in writing. II F. LOAN CHANGES If the loan secured by the Security Instrument 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 loan exceed permitted 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 exceeded permiued 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. If a refund reduces principal. the reduction will be treated as a partial prepayment under the Note. IN WITNESS WHEREOF, Borrower has executed tbl. AdJostable Rale Rider. ~.a /f'~ Ji mie R. ReinhardJioRRowER ~DN Pr2/>t g/ll//I Susan L. ReinhardtsORROWER (Scel) (Seal) (Seal) BORROWER (SIGN ORIGINAL ONLY) "' " r; = OU> i ~):J = <::> -I c:> 0::0 =1 ~ ~ ~ ~dO 1): ,.., c-. ~ <::> ~ n; OL. '?? t 0 ...... :il~ 0 0 n = ,~ t '" ,., 3 <=' -c '" Jl en =r ~~ -J :!. m (fl 0 ~ '" :z: ... :n t ~ '-J ---.. " ~ ~ ~en~ U1 I en , ,