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Q UN NORM SECURITY 1NSTRUMIINT; GOVERNING LAW; SEVERAMLITY Uniform Covet 15 of the Security Instrument is anmxW to read as follows: 15. Ussilu m suca Ny In drim eaR Governing Law; Snowsbdft. This form of Security Instrument combines uniform covenants for national use and sonunifinm covenants with baited vuiatiats by jurisdictwu to constitute a uniform security instrument covering real property. This be governed by Federal law and the law of the jurisdiction in which the Property is located. In the event that any provision or dare of this Security Instrument or the Hone conflicts with applicable law. such conflict shall not affect otter provisions of this Security instrument or the Note which can be given effect without the conflicting provision, and to this end the provisions of this Security Instrument and the Note are dared tole severable. 18. TRANSFER OF THE PROl7 M OR A BENEFICIAL INTEREST IN BORROWER Uniform Covenant 17 of the Security Instrument is ameaded to read as follows: 17. Transfer of due Trets" or a Beneficial Juss" t In Borrower. if all 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, Leader may, at Lender's option, declare all the sutra 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 Federal law. Lender may waive the exercise of this option if: (a) Borrower camas to be submitted to Leader information required by Lender to evaluate the intended transferee as if a new loan were being made to the transferee; and (b) Leader reasonably determines that Lea's security will not be im*red by the loan assumption and that the risk of the branch of any covenant or agreement in this Security Instrument is acceptable to Lender. To the extant 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 the Noe 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 fans 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 der, Security Instrument." -Notwithstanding a sale or transfer. Borrower will continue to be obligated under the Note and this Security Instrument unless Lender has rem 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 otter lean charges collected or to be collected in connection with the loan exceed permitted limits, then: (1) any such loan cbargs"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. fender may choose to make this refund by reducing the principal owed under the Noe or by mailing a direct payment to Borrower. If a refund reduces principal, the reduction will be treated as a partial prepayment under the Note. IN WMM WHEREOF. Berrewer has executed tlde Adjustable Rae Rider. I 1r illiam 8. WeeringBORROWER (Seal) BORROWER ?ayne M. Westering _(Seal) BORROWER (SIGN ORIGINAL ONLY) OO 5 —1 a CJ n Ile r 7 1 J6 �Y d e$ Y. IdG �j AN Mut 4' r . r La is