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86107006
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Last modified
10/18/2011 9:54:44 PM
Creation date
3/31/2008 3:40:57 PM
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DEEDS
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86107006
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D. UNIFO*'W GOVIIRNIM IAW, SEVER`4RH`rn <br />_* lIM <br />Uniform Courant 15 of the Sworltylsultnuwnt is ameN" to read as follows' <br />15. Udiwm ftemk' %Wammil G&"Ivft I_; S"r@Mft. This form of Security instrument combines uniform COv—U for national <br />'vw1ndow byjurisdictionto constitute s uniform security instrument covering rod property. This <br />S-eurity butrument A W'sotram by Federal law md,the law of the jurisdiction in which the Property is located. In the event that any <br />provision of dam of We Security Instrument or the NM conflicts with applicable law, such conflict shall not affect other provisions of this <br />Security Instrument or the No" w" can be liven effect without the conflicting provision, and to this end the provisions of this Security <br />instrument mad the Nov.- me declared to be severable. <br />E. TRANSFER OFT= MOMZrT OR A BENEFICIAL INTZMT IN BORROWER <br />Uniform Covamm 17 of dw Security IMNUMM ill 81010d" 90 read AS follows: <br />17. Trander of Me P 610013 41F 8 3100111" 160"A IN Illm-w ere. If all or any part of the property OF an interest therein is sold or transferred <br />(or if a beneficial interest in Borrower is odd or mmsferred and Borrower is not a natural person) without Lender's Prior written consent. <br />Lender may. at Lender's option. declare an the sum secured by this Security Instrument to be immediately due and payable. However, this <br />option shall not be exerciewl by Lauder if exercise is not authorized by Federal law. <br />If Lender exercises such option to accelerate. Lender shall mail Borrower notice of acceleration in accordance with paragraph 14 hereof. Such <br />notice shall provide a period of not less than 30 days from the date the notice is mailed within which Borrower nay pay the sums declared due. If <br />Borrower falls to pay such sums prior to the expiration of such period. Lender may, without further notice OF demand on Borrower, invoke any <br />remedies permitted by paragraph 18 hereof. <br />Notwithstanding a sale or transfer, Borrower will continue to be obligated under the Note and this Security Instrument unless Leader has <br />released Borrower in writing. <br />F. LOAN CHARGES law which sets maximum loan charges, and that law is r3n&IIY interpreted so that the <br />If the loan secured by the Security instrument is subject to a ow charge 51W <br />interest or other loan charge collect or to be collected in connection with the low exceed permitted limits, then: (1) any such 1 1 <br />be reduced by the amount necessary to reduce the charge to the permitted limit; and (2) any sums -1 Y collected from Borrower which <br />exceeded permitted limits will be refunded to Borrower. Lender may choose to make this refund by reducing the principal owed under the Note <br />or by making a direct payment to BOFWW- if a refund reduces principal. the reduction will be treated as a partial prepayment under the Note. <br />IN WITNESS WHEREOF. Do one 11fis "Stated 06 AdJuSh"t Base Rider. <br />REAL ESTATE INVESTORS, INC. <br />c'; �t Seat) <br />By: Niels C. McDer%WtOWER <br />(Seal) <br />Vickie McDermott, SPWOWER <br />(Sea]) <br />BORROWER <br />(SIGN ORIGINAL ONLY) <br />'ZI ---;, 4:n 00 <br />o 7; <br />at <br />0 <br />z <br />O <br />
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