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$4 -- 9G0195 <br />be by federal law ani ]aw of the fisisdiction in which the Property is located. In [he <br />event that awry provision or rtm>aa of the Security Insttrment or the Note confltcts with applicable <br />law, such conflict shall not affect other provisions of this Security Inar*,++w.rr or the Note which <br />can be gives effect without- the conflicting provision, and to this cud the- provisions of this. <br />Seaaity Instriment acd the Note are dertnrxi to be severable. <br />E. TRANSFER OF THE PROPERTY; OR A BENEFICIAL INTEREST IN BORROWER. <br />Unifo>m Coveamtt 17 of the Secasity T ~trumeat is ameiYled to read as follows: <br />17. Transfer of the Property or a Beneficial Interest in Harrower. If all- or any part of the <br />Property or an interest therein is sold or tzansferred {or if a banefiri~t iciterest in Borrower i&: <br />sold os transferred-and Borrbcx:r is rot a natural person} withant lender's-prior arritt2n'consatt; <br />leader may, at Lader's option, declare all the sums seccsed by this Seccaity InstrumenC "to - be <br />immediately clue and payable. However, this option shall rot be e~rcised by 'bender if etaxdse is <br />not authorised by Federal Law. <br />Tf lender o>ewmisx+a such option to accelerate, L°nder shall-mail Borrower notice of acceleration is <br />acrardance with paragraph 14 hereof. Such entice shall provide a period of not less than 30-dags <br />from the date the entice is mailed within which Borrower may-pay the sumo declared due.. If Borrower <br />fails to pay such sums prior to the expiration of such period, Crider may, without fuether notice>or <br />demazd on Borrower, invoke any remedies permitted by paragraph 18 hereof. <br />Notwlthstaodigg a sale or transfer, Borrower will contiTMx' to be obli~ted under the- Note azd this- <br />Seaa'ity Instnmrnt unless irztder has rnleased Borrower in writing. <br />F. NO FUTURE ADVANCES <br />Nun-Uniform Covenant 21 of the Seccsity Instrt~>* ("Flnture Advanroc") is deleted. <br />G. LOAN CHARGES <br />If the loan seccsed by the Seccaitp ~Gr*+m*+t is subject to a law which sets maximim lean charges, <br />aid that law is finally interpreted so that the interest or other Iran charges collected or to be <br />collected in com:ectiai with the loan exceed permitted limits, then: (lj any such loan charge shall. <br />be reduced by the arrant n~essary to reduce the ctsrge to the permitted limits; and (2) a~+ sums: <br />already collected from Borrower which exceeded permitted. limits will be refunded to BorTOwer. Lender <br />may choose to meta: this refund by reducing the pri>,,•;,,at owed under the Note or by making a direct <br />payma:t to Borrower. If a refired redures principal, the reduction wlll be treated as a partial <br />prepayment under the Note. <br />H. LEGISLATION <br />If, after the date hereof, enactment or expiration of applicable laws have the effect either of <br />rendering the provisions of the Note, the Security Instnmant or this Ad~tahle Payment Rider (ot`~^ <br />rhea this paragraph H) uoenforcea6le according to their terms, or all or any part of the amens secure <br />h.seby uocoLlecYahle, as otherwise provided in the Security Instnmant and this Adjustable Payment <br />Rider, or of ~limintd>;_9v the value of Lender's secnslty, then lender, at L°rder's optinn, may declare <br />all sums secured by the Seccsity Instnmant to be immediately due sad payable. <br />IN WI1I3:SS Wl&7tECF, Borrower has et~cuted this Adjustable Paymen Rider. ~.~ <br />o~(it.~,cfc4~~r ~.c.-~'G~ ~ (Seal) <br />5herr n P. Smith ~ .~n~r <br />i f <br />~~1 1 ~ (Beall <br />Susan F'. Smitt. -Borrower <br />_(Seal) <br />-Borrower <br />CSC ~Y) <br />TMG~OS (qc) (Page 2) <br />(New 11/83) <br />