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D. UNIFORM SECURITY INSTRUMF,NT; GOVERNING LAW; SEVERA DUTY <br />Uniform Covenant 13 of the Security Instrument is amended to read as follows: <br />15. v.ffer,.,y uw„M@'"; Geverwh,g 1AW; <br />and am-uniform •This form of Security Instrument combines uniform covenants for national use <br />covenants with limited variations by jurisdiction to constitute a uniform security instrument covering real property. This <br />Security Instrument shall be governed by Federal law and the law of the jurisdiction in which the Pro <br />Provision clause of this Security Instrurent or the Note conflicts with applicable law, such conflict shall not affecctt other tprovisions of this <br />Security Instrument or the Note which can be given effect without the conflicting provision, and to this end the provisions of this Security <br />Instrument and the Note are declared to be severable. <br />i <br />g' TRANS 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. Ttmo ec 9f dw propffly ai a Benetklal InUrrtst is Borrower, If all or any part Of <br />(or if a beneficial interest in Borrower is sold or transferred and Borrowers of a natural ural pers n) withoutrLenderr sin rior wror transferred <br />Len�r may, at Len►der's motion, declare all the sums secured by this Security instrument to be immediate! due and p written consent, <br />option shall not be exercised by Lender if exercise is net authorized by Federal law. Lender may waive the exorcist of this apt oneifHeweBover, this <br />causes to be submitted to Lender information required by Lender to evaluate the intended transferee as if a new loan were being made <br />transferee; and (b) ceder reasonably determines that Lender's security will not be ins B ado to the <br />breach of any covenant or agreement in this Security Instrument is a impaired by the loan assumption and that the risk of the <br />To the extent permitted b a acceptable to Lender. <br />Y applicable law, Lender may charge a reasonabie 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 Lender exercises such option to accelerate, Lender shall mail Borrower notice of acceleration in accordance with paragraph 14 hereof. <br />Such notice shall provide a period of not less than 30 days from the date the notice is mailed within which Borrower may <br />due. If Brower fails to pay such sums prior to the expiration of such Y pay the sums declared <br />invoke any remedies period, Lender may, without further notice or demand on Borrower, <br />permitted by this Security Instrument." <br />"Notwithstanding a sale or transfer, Borrower will continue to be obligated under the Note and this Security 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 diner loan charges collected or to be collected in connection with the loan exceed <br />charge shall be reduced by the amount necessary o reduce the charge to the permitted limits, then: (1) any such loan <br />which exceeded permitted limits will be refunded o Borrower. Lender may chooser o make this refund by reducing the principal owed owed under he <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 />Note. <br />IN WITNESS WHEREOF, Borrower bus executed this Adjustable Rate Rider. <br />LARRY D. Y _(seal) <br />WILT BORRO1il'ER <br />DARL J WIL N BORROWER -- (Sea!) <br />a <br />�RROWER <br />(Seal) <br />(SIGN ORIGINAL ONLY) <br />OO" <br />cil <br />� � 9 <br />f°8 <br />0 <br />N <br />s <br />e <br />M <br />a <br />