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84000545
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84000545
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Last modified
11/18/2008 3:57:11 PM
Creation date
11/18/2008 3:55:42 PM
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DEEDS
Inst Number
84000545
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r <br />84 ----~ t- ~ 054 S <br />oe gpucmed by federal law and law of the juriedictian in which the Property is located. Ia the <br />cam[ that any provision or clause of the Secsity Lstra~at or the Dote rnoflicts with aeerl..ecA. <br />]aw, ode eaafliet shah rot affect other ptwiatcas of this Seeasity ItntnseK or the Note which <br />cm be glvea effect without the cYSnflictiag pr'avisloae, sad to this sod the provisions of this <br />Seaalty Iastnsot ami the Note are declared to he severab,7e. <br />E. TRANSFER OF THE PROPERTY; OR A BENEFICIAL INTEREST IN BORROWER. <br />Iheifom Covarot 17 of the Seaaity Irr~ is amended to nred as follor+s: <br />17. Transfer of the Property or a Baceeficiat Interest in Barroarr. If all or awry pert of the <br />Property or an iruerest therein is eo]d oc traasfected (or if a baneficisl irste~+est in Haxacer-,ia <br />add ar treasfecred and Borrower is rot a natural person) without lender's priov written cae~at, <br />Ieoder may, at Iader`s op[im, declare alt the ass secuued by this Seaaity Irrted-t to be <br />immediately due aed payable. Eiowever, this option shau not be aercised bq Lender if extr3ae is <br />not authorised by Federal Iaw. <br />If Lander e:a:neises such oprion co aeceLesate, lelder shall mail Horrouer notice of aoodmtian in <br />aemra~e vdtie paragrapice i4 is~i. Surii atarioe shall provide a period of mt Less than 3O days <br />fr® [he date the a»tice is mailed within wtdch Borrower may pep the nos deelared_due. If Bon+oiasr <br />fai]s to pay arh sums prior to the aspiration of surds period, leader my, without further raoCioe or <br />dn~ad as Borrower, invoke any remedies permitted by paragraph 18 hereof. <br />Dbtwithstaadlag a sale or transfer, Borrower will aoaetinae to be obligated under the Note a~ this <br />Secrity Iovtnsaet unless lade[ has m: ~ Borrower in writing. <br />F. NO FUTIIRE ADVANCES <br />Non-ihifora Cavenaaet Zl of t}e Seca¢ity irssms®t ('T~Ldae Advanors") is deleted. <br />G. LOAN CHARGES <br />If the loos secured by the Senaity Inatnsent is aabject to a law wtelrh seta t®dss laa<r cisrges, <br />and that law is finally interpreted so that the interest or other lase char8es mllacted or to be <br />collected in r~+sr[jpn with Cho loan e~aceed permit[ed limits, [hen: (1) any such loe<e clmrge shall <br />be red•red by the amaaet necessary to reduce the ckerge to the peroitted limits; std (2) any sum <br />already collected from Borrower which eaooeeded permitted limits vdll be refunded to Borrower. Isola <br />may choose to males this refuel by rederjng the principal owed under the Dote or by mekirg a direct <br />payment [o Bortower. If a refund redurea principal, the reduction will he treated as a partial <br />prepayment uoder the Dote. <br />H. LEGISLATION <br />If, after the date hereof, ecartmant or e>~dratiaa of apnltrnhtn laws have the effect either of <br />re~odala~g the pcnvisi,ns off ~~, the Security 7nattlsent or tlris Adjustable Payeieet Rider (oils <br />hart ,...aPe acxordirig to their terms, or alt or any part of the ens secured <br />by ct~, as othertidae provided in the Security Inetnsent and this Adjustable Payment <br />Rider, or of dimiarlshing the value of leader's secsaity, then Leader, at LsMer's option, may delrare <br />all ass sensed by the Seaa•1ty I~tnsaet to he t~.~s;~~,.ty due asd payable. <br />IN idITNE55 WiFlt~, Borrower has esown,rwi this Ad juetable Payment Rider <br />X Jt LC_.(d~~ ~ 7 "' (Seal ) <br />ut,ert .. Stu?nc -Borrower <br />,~-r <br />`~!{ LC,x,>_ ~ytc,'_t. z_,~i (Seal) <br />Ps~ula "tu.ac -BorroweL <br />_(Seal ) <br />-BOrCVYer <br />(S~ Ocigiawal ~Y) <br />TMC-065 (qe) (Fags 2} <br />(New t1fB3} <br />
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