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85000224
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Last modified
10/17/2011 3:31:26 PM
Creation date
4/1/2008 3:44:19 PM
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DEEDS
Inst Number
85000224
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B. TRANSFER OF THE PROPERTY OR A BENEFICIAL INTEREST IN BORROWER 000224 <br />Uniform Covenant 17 of the Security Instrument is amended to read as follows: <br />Trnnder of the Property ors Beviefiefid Interest In Borrower. If all or any part of the Property or any interest, in h is . <br />or transferred (or if a beneficial interest in Borrower is sold or transferred and Borrower is not a natural person) <br />prior written consent, Lender may, at option, require immediate payment in full of all sums secured by this <br />�S y s <br />However, this option shall not be exercised by Lender if exercise is prohibited by federal law as of the date of this Socurky, <br />Lender also shall <br />not exercise this option if: (a) Borrower causes to be submitted to Lender inforatation required bytendar,.tO <br />.; <br />the intended transferee as if a new loan were being made to the transferee; and (b) Caroler reasonably determines the <br />will not be impaired by the loan assumption and that the risk of a breach of any covenant or agreement in this y <br />is acceptable to Lender. <br />To the extent permitted by applicable law, Lender may charge a reasonable fee as a condition to 's consent to <br />assumption. Lender may also require the transferee to sign an assumption agreement that is acceptable to <br />the transferee to keep all the promises and agreements made in the Note and in this Security Instrument. Borrower win continveto <br />be obligated under the Note and this Security Instrument unless Lender releases Borrower in writing. <br />If Lender exercises the option to require immediate payment in full, Lender shall give Borrower notice of Mit <br />notice shall provide a period of not less than 30 days from the date the notice is delivered or mailed within which Borrower must <br />pay all sums secured by this Security Instrument. If Borrower fails to pay these sums prior to the expiration of this period, Leader <br />may invoke any remedies permitted by this Security Instrument without further notice or demand on Borrower. <br />BY SIGNING BELOW, Borrower accepts and agrees to the terms and covenants contained in this Adjustable Rate Rider <br />i Karen L. Zins (Seal) <br />- -- (Seal) <br />_ <br />ON <br />fsVn Orvow Orw <br />z <br />z= <br />I <br />I <br />I <br />
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