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D. UNIFORM SWILTRIiTY INSTRUMENT. GOVERNING LA%; SEYERABILITY Uniform Covenant 13 of the Security Instrument is amended to read as follows: 1S. Uoltf— sec.ritr terms ist; Goventling Law; Severability. This form of Security Instrument combines uniform covenants for national use and nonuniform covenants with limited variations by jurisdiction to constitute a uniform security instrument covering real property. This Security Instrument shall be governed by Federal law and the taw of the jurisdiction in which the Property is located. in the event that anv Provision or clause of this Security instrument or the Note conflicts with applicable law, such conflict shall not affect other 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 declared to be severable. E. TRANSFER OF THE PROPERTY OR A BENEFICIAL INTEREST iN BORROWER Uniform Covenant 1" of the Security Instrument is amended to read as follows: 17. Trnttrler of the Pro"M or a Brtsencial teteresl is Borrower. If all or any part of the Property or an interest therein is sold or transferred (or if a beneficial interest in Mr. rower is sold of transferred and Borrower is not a - atu-al person) without Lender's prior written consent, Lender tray, at Lender's option. declare all the sums secured by this Security Instrument to be immediately due and payable. However, this option shall nor be exercised by Lender if exercise is riot 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 Lcnder'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 :harge 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 10 hereof. Such notice shall provide a period of riot 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 peruW. Lender mac, without further notice or demand on Borrower, invoke any remedies permitted by this Security Instrument." "Notwithstanding a sale or t-.ansfet, Borrower will continue to be obhgatcd 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 's hich setts maximum loan charges, and that law is finally interpreted so c that the interest or other loan charges collected or to be collected in onnection with the loan exceed permitted limits, then: (I) any such loan charge shall be reduced by the amount necessary to reduce the harge to the permitted limit; and (2) ary sums already collected from borrower which exceed--d permitted limits will be refunded to Borrower. i_ende may :hoose to make (tits refund by reducing the principal owed under the Note or by making a direct payment to Borrower. If a refund reduces principal, the redurttntt will he treated as a partial prepayment under the Note. iN WITNESS WHEREOF. Borrower has executed this Adjustable Rate Rider. -_ _-- r- 3 = ----- _--(Scat) _ BORROWER -. (Seat) BORROWER BORROWER tSIGN ORIGiN.AL ONLY) M R W i.� �1 t% , V I tut 7L �ncs c � . I f i.� �1 t% ,