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" D. UNIFORM SECURITY INSTRUMENT; GOVERNINCi LAW; SEVERABfLITV Unlrorm Covenant U of the Security Instrument is orncoded to read as follows: 15, Uallorm ....rlly lnotrallltllt; GonmlDI...."; Sen.-blllly, This form of Security lostrument comblncs uniform covcnon.. for oelionel use and non-uniform covenants ~(r~ lJrnlled varfatl~ns by Jurisdiction to coCJnstltute 0 uniform sa:urlty instrument coverins real property. This Security Instrument shall ~ ,e'"'",,,; by Fcdcr,,) lew Dad Ihe low of Ihc Jurlsdlcllon In which the Property Is locoted. In the cvent !bel ony provision or clouse of this SecUl1lY Inslrument or the NOlc conflicts with eppllcablc lew, such conflicl sholl not offect other provl.lons of thl. Security Instrument or the Note which can be given effect without the confiictlng provisIon, and to this end the provisions of this Security InslrUmenl and the Note are declared to be severable. E, TRANSFER OF mE PROPERTY OR A BENEFICIAL INTEREST IN BORROWER Unifonn Covenant J7 of the Security Instrument Is amended to read as follows: 17. Traufer of tbe Property Of. Beneficlal Interest In 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 nOI be exercised by Lender if exercise is not authorized by Federal law. 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 acceptable to Lender. To the extent permitted by applicable law, Lender may charge a reasonable fee as 11 condition to Lender's consent to the loan assumption. Lender may also require the transferee to keep aU 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 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 further notice or demand on Borrower, invoke any remedies permitted by this Security Instrument." "Notwithstanding a sale or transfer. Borrower will continue 10 be obligated under the Note and this Security Instrument unless Lender has released Borrower in writing." 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: (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 will be refunded to Borrower. Lender may choose [0 make this refund by reducing the principal owed under the Note or by making a direct payment to Borrower. Ir a refund reduces principal, the reduction will be treated as a partial prepayment under the Note. IN WITNESS WHEREOF, Borrower has executed Ihls AdJu.table Rale Ride,. (Seol) (~/L7~fL Elsie Mae Frogge RROWER (Seol) (Seal) BORROWER (SIGN ORIGINAL ONLY) m ::lI ~ C'.> en is' ~):J = t => 0...... Q] = ~~ C', f"T'1 ......fT1 .. ~~ .-:> --<0 '" ~ ~ ':? "'" -=> .~ ~ 0 = -"20 I-' -... \I. :x: fT1 f l>'" 0 3 0 ~ \ ,T1 ,:oJ ~ '" ,:Po a -----0 '" en ""''''t::'lO ::> ~ "" ~ ~\ :n )> :'4 ~ ~tD ~~ ~' ~ en ~~ cn \- ------ ~ Do \.1' \r::'.