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r tl) Notice of Changes v : -"""~ ~, U O 1 1 The Note Holder will mail or deliver to me a notice of any changes in the amount of my monthly payment before the effective date of any change. The notice will include information required by law to be given me and also the title and telephone number of a person who will answer any question [may have regarding the notice." B. CHARGES; LIENS Uniform Covenant 4 of the Security Instrument is amended to read as follows: 4. Charges; Liena. Borrower shall pay all taxes, assessments, and other charges, fines and impositions attributable to the Property which may attain a priority over this Security Instrument, and leasehold payments or ground rents, if any, in the manner provided under paragraph 2 hereof or, if not paid in such manner, by Borrower making payment, when due, directly to the payee thereof. Borcower shall promptly furnish to Lender all notices of amounts due under this paragraph, and in the event Borrower shat: r..:ake payment directly, Born~wer shall promptly furnish to Lender receipts evidencing such payments. Borrower shall promptly discharge any lien which has priority over this Security Instrument; provided, that Borrower shall not be required to discharge any such lien so long as Borrower: (a) shall agree in writing to the payment of the obligation secured by such lien in a manner acceptable to Lender, (b) shall in good faith contest such lien by, or defend against enforcement of such lien in, legal proceedings which in the opinion of Lender operate to prevent [he enforcement of the lien or forfeiture of the Property or any part thereof; or (c) shall secure from the holder of such lien an agreement in a form satisfactory to Lender subordinating such lien to this Security Instrument. If Lender'determines that all or any pan of the Property is subject to a lien which may attain a priority over this Security Instrument, Lender shall send Borcower notice identifying such lien. Borrower shall satisfy such lien or take one or more of the actions set forth above within ten days of the giving of notice. C. NOTICE Uniform Covenant 14 of the Security Instrument is amended to read as follows: 14. Notice. Ezcept for any notice required under applicable law [o be given in another manner, (a) any notice to Borrower provided for in this Security Instrument shall be given 6y delivering it or by mailing i[ 6y first class marl addressed to Borrower at the Property Address or at such other address as Borrower may designate by notice to Lender as provided herein, and (b) any notice to Lender shalt be given by first class mail to Lender's address stated herein or to such otfier address as Lender may designate by notice to Borrower as provided herein. Any notice provided for in this Security Instrument shall be deemed to have been given to Borrower or Lender when given in the manner designated herein. D. UNIFORM SECURITY INSTRUMENT; GOVERNING LAW; SEVERABILITY Uniform Covenant I S of the Security Instrument is amended ro read as follows: 15. Uniform Security Instrument; Governing Law; Severability. This form of Security Instrument combines uniform covenants for national use and non-uniform covenants with limited variations by jurisdiction to constitute a uniform security instrument covering real property. This Security Instrument shall be governed by federal law and the law of the jurisdiction in which the Property is Located. In the event that any provision or clause of this Security lnstrun~ .nt or the Note conflicts with applicable law, such conflict shall not affect other provisions of this Security Instrument or the No[e which can be given effect without the conRicting provision, and to this end the provisions of this Security Instrument and the Note are declared to be severable. E, TRANSFER OF THE PROPERTY OR A BENEFICIAL INTEREST IN BORROWER Uniform Covenant ) 7 oCthe Security Instrument is amended to read as follows: 17. Transfer of the Property or a Beneficia- Interest in Borrower. !fall ur any par of the Property or an interest thereir is wld or transferred (or if a beneficial interest in Borrower is sold yr transferred and Borrower is not a natural person) without Lender's prior writlen consent, Lender rna}', at Lender's option, declare all the sums secured by this Security Instrument tv be immediately due and payable. However, this option shall not be exercised by Lender if exercise is not authorized by Federal law. If Lender exercises such option to accelerate, Cruder shall mail Borrower notice v( acceleration in accordance with paragraph 14 hereof. Such notice shall provide a penod of not less than 30 days from the date the notice is mailed within which Borrower may pay the sums declared due. If Borrower fails to pay such sums prior to the expiration of such period, Lender may, without further notice or demand on Harrower, invoke any remedies permitted 6y paragraph 18 hereof. F. COVENANT DELETED Non-Uniform Covenant 21 of the Security Instrument ("Future Advances") is deleted. G. LOAN CHARGES If the Loan secured by the Security instrument is subject ro a taw which sets maximum loan charges, and that taw is finally interpreted so that the interest or other loan charges collected or to be collected in connection with the loan exceed permitted limits, then: (1) any such loan charge shalt be reduced by the amount necessary to reduce the charge to the permitted limit; and (2) any sums already collected from Borrower which exceeded permitted limits will be refunded to Boaower. Lender may choose to make this refund by reducing the principal owed under the Note or by making a direct paytnent to Burrawer. if a refund reduces principal, the reduction will be treated as a partial prepayment under the Note. H. LEGISLATION If, after the date hereof, enactment or expiration of appheablc laws hove the offal either of regarring the provisions of the Note, Ihp Security Instrument or thisAdjustabte Irate Rufer (other than this paragraph H) uttrnfurceable according to their terms, or aB or any part of the sums secured hereby uncolleKaabte, as otherwise provided in [he Security Instrwaent and this Adjustable Rate Rider, or of dinttnishing the value ut l.casder's security, then Lendn', at Lender's option, may dp fare all sums soured by t he Sexunty lnurunicut to be insnicdiately due and payable.