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D. UN60" sCLUMV INSTRUMENT; GOVERNING LAW: SEVERABILITY <br />Uniform CO i 9 i of the Security Instrument is amended to read as follows: <br />iS. Ut ,qty IMh- --t: Law; Sevcrttbiq <br />turd nonuniform covenants with limited variations by jurisdiction This <br />constitute at uniform nsecurity ins umentr covering real fproperty. This <br />Security Instrument clause of this Security Ins shall be governed by Federal <br />clause <br />Provision of law and the law of the jurisdiction in which the Property is located. In the event that any <br />trument or the Note conflicts with applicable law, such conflict shall not affect other provisions of this <br />Security' nt and or the Note which can be given effect without the conflicting provision, and to this end the provisions of this Security <br />ltutrurMttt atM the Note are declared to be severable. <br />In TRANSFER OF THE PROPERTY OR A BENEFICIAL INTEREST IN BORROWER <br />Uniform Covenant 17 of the Security Instrument is amended to read as follows: <br />17. Tstsaafar of toe Propsersy or a Beiritirilliristit lasersst la Borrower. If all or an <br />(or if a beneficial interest in Borrower is sold or transferred and Borrower is ott a natural Property rso or an interest therein is sold or transferred <br />n) without Lender' <br />Lender may' at Lender's Option, declare all the sums secured by this Security Instrument to beimmediately due and s prior written consent, <br />option shall not be exercised by Lender if exercise is not authorized by Federal law. Lender may waive the exercise oft his osya n i However, this <br />causes to be submitted to Lender information required by Lender to evaluate the intended transferee as f a new loan were being made to t e <br />transfers' and (b) Lender reasonably determines that Lender's security will not be impaired by the loan assumption and that the risk of the <br />breach of any covenant or agreement in this Security Instrument is acceptable to Lender. <br />To the extent permitted by applicable law, Lender may charge a reasonable fee as a condition to Lender's consent to the loan assumption. <br />Lender may also require the transferee to keep all the promises and agreements made in the Note and in this Security Instrument. <br />"if Leader <br />hall exercises such option to accelerate, Lender shall mail Borrower notice Of acceleration in accordance with paragraph 14 hereof. <br />Such notice sheer provide a period Of not less than 30 days from the date the notice is mailed within which Borrower may pay the sums declared <br />due. If Borrower fails to pay such sums prior to the expiration of such period, Lender may, without further notice or demand on Borrower, <br />invoke any remedies permitted by this Security Instrument." <br />Notwithstanding a We or transfer, Borrower will continue to be obligated under the Note and this Securitv Instrument unless Lender has <br />released Borrower in writing." <br />F. LOAN CHANGES <br />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 <br />that the interest Or Other loan charges collected or to he collected in connection with the loan exceed permitted limits, then: (1) any such loan <br />charge shall be reduced by the amount necessary to reduce the charge to the permitted limit. and (2) any sums already collected from borrower <br />which Permitted limits will be refunded to Borrower. Lender may choose to make this refund by reducing the principal owed under the <br />Note or by making a direct payment to Borrower. If a refund reduces principal, the reduction will be treated as a partial prepayment under the <br />:vote. <br />IN WITNESS WHEREOF, Borrower has exrcuted this Adjustable Rate Rider. <br />BORROWER - -- - - -- -- <br />_ (Seal) <br />__ <br />i <br />,,:� "° " °'`--- <br />- - - - <br />-- <br />(Seal] <br />BORROWER <br />_ - <br />-- _ <br />-- - - - -- <br />BORROWER <br />- <br />- - <br />(Seal) <br />(SKIN ORIGINAL ONLY) <br />—4 <br />�,r <br />ill <br />v9 <br />twilf, <br />t:) <br />ea <br />__ <br />i <br />