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84006780
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84006780
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Last modified
4/30/2008 5:28:40 PM
Creation date
4/2/2008 9:55:20 AM
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DEEDS
Inst Number
84006780
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<br />f <br />r <br />!: <br />K- <br />! <br />f <br />I" <br /> <br />L TRANSftIl Of THE PROPEltT\' OR A BENEfiCIAL INTEREST IN BOIUtOWER <br />84 --006780 <br /> <br /> <br />UDiform Cowoont 17 of the Security Instrument is amended to read as follows: <br /> <br />'rr <br />~>"I'l <br /> <br />~.,.... Pmperty flU BIlllfIeW ...... Itl.Borrower.lfall or any part of the Property or any interest in it is sold <br />O&'i~(()fif a~ immst in Borrower is sold or transferred and Borrower is not a natural person) witboutLender's <br />_W!imR'~ LcM<<.may, at its opciOn, require ilfllQediatepayment in full of all sums secured by this SecuritylllStl'UmCllt. <br />~, tf&is~",..not be exercised by Lender if exercise is prohibited by federal law as ofthC date of this Seeurity .Instrument:. <br />~-llMIoot Cl1lCR1$Cthil option if~.(a) Borrower ~USC5 to.be submitted to Lcnder.information requir~ by.Lendet tocvaltJate <br />the~~ aif a twW.1oen were beiq made to the lrabsferee; and (b) Lender reasonably determines that Leader's secUrity <br />wUltlOC;be~bytbelean assumption and that the risk of a breach of any covenant or agreement in this Security Instrument <br />iS~.to Uader. <br /> <br />To_extent permitted by applicable law, Lender may charae a reasonable fee as a condition to Lender's consent to tbe loan <br />~;Lcmlermay also require tbe transferee to sian an assumption agreement that is acceptable to Lender and that obliptes <br />tBmJIlIfenelO keep all tbe promises alld agreements made in lhe Note and in this Security Instrument. Borrower wiD continue to <br />be~ under tbe Note and this Security Instrument unless Lender releases Borrower in writing. <br /> <br />IfLcnder exercises the option to require immediate payment in full, Lender shall give Borrower notice of acceleration. The <br />ItOtice 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 SumJ secured by this Seellrit)' Instrument. If Borrower fails 10 pay these sums prior to the expiration .of this period, Lender <br />may iaVoke aa, rllDledies permitted by this Security Instrument without further notice or demand on Borrower. <br /> <br />BY SIGNINO BELOW, Borrower accepts and agrees to the terms and covenants contained in this Adjustable Rate Rider. <br /> <br /> <br />(Seal) <br />-eo.- <br /> <br />(Seal) <br />-eo.- <br />[s.gn 0r/<gfMI CWr/ <br /> <br />u <br /> <br />L <br /> <br /> <br />...J <br /> <br />L <br /> <br />-1 <br />
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