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84000614
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84000614
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Last modified
11/18/2008 4:13:54 PM
Creation date
11/18/2008 4:12:26 PM
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DEEDS
Inst Number
84000614
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$4 -- t)t~0614 <br />he goamamd by federal law aid law of the jiaisdlcticn in l~tlich the Property is located. In the <br />eMOt ttmt acry pcovisian or rlvnm of tkle Secsaity Ita**+~ or the Note inflicts with ~1+r.tl. <br />la+, ausds oanflict shall int affect other provisions of this Seaaity Inetr ~ or the Note r+hlrh <br />ran be given effect wittnlt the conflicting provlsica, and to this cud the provisions of this <br />SeaaYty Instsiaslt and the Note are declared to he severable. <br />E. TRANSFER OF TftE PROPERTY; OR A BENEFICIAL INTEREST IN BORROWER. <br />llnifom C.ollelsot 17 of the Seasity Ioetztaeit 38 assoded to read ae folios: <br />l7. Traafer of the Property or a r1~,.F+~+nl Intetrat is Hortolsr. If ail. or any part of the <br />Ptnperty ~ as r~+*~~ ttwseia is sold or tra4eferted (or if a braefiri.l +n*~ in Borron~ is. <br />sold. or transferred and. Hacrawer is not a natural person) Without tender's prior written Consent; <br />lender may, at l®der's option, declare all the alas seamd h9 this Seasity Iratt~it to :be <br />;.~.,lae..ly due and payable. However, this option shall mt be esascised b9 lender if emmrctse-is <br />lct alsierimd by Fiederol tar. <br />If lender ea~+cises such option to axelerate, Iesder shall mail Bortorer satire of ~~+1~•+T in <br />aacondasrs with paragraph l4 tlaeof. Such notice stall provide a period of mt leas than 30-dayr <br />from the date the notice is mailed wlthia which Borrarsr may pay the sums declared due. If Botrbuar <br />fails to pay such alas prior to the eepizatian of such period, Ierder may, vlthout further .w/ro or <br />d®mld an Borrower, inwlae any r®adies permitted b9 paragraph l8 hereof. <br />Nstwlthstamdirg a sale or traasfet, Borrower will mntitaie to be obligated alder the Noce and this <br />Seas-lty 1>atr+~~ unless lender tes +pl~ Boacwer in writing. <br />F. NO F[TIURE ADVANCES <br />Nar{kdfoa Covalast 21 of the Secsn-lty Inatrumait ("Etsture Adva[rra") is deleted. <br />C. LOAN CHARGES <br />If the loan seclaed try the Seasity Instrum®t is subject to a la+ Which sets maldm<a laazs charges, <br />asd that law is finally interpreted so ttmt the interest or other loan chat8ea collected or to be <br />mlleeted in caracccien With the loan eased permitted limits, then: (])wry such loss charge shall <br />be reduced by the a®snc neoesaary to reduce the charge to the permitted limits; and (2) airy suss <br />already collected from Borrower Which exceeded permitted limits will 1>e refueled to Borrower. Iader <br />may clnoae to mains this refund try reducing the prirripal owed order the Note or by asking a direct <br />payment to Hoaasr. If a refund reduces ptimlpal, rile reductim wtll be treated as a partial <br />prepaymmst under the Note. <br />H. LEGISLATION <br />If, after the date hereof, enacneest or el~dtaticn of applicable la+s have the effect either of <br />teudaring the provisions of the Note, the Secislty Instn~+~ or this Adjiatahle Paymast Rider (other <br />tlsmi this paragraph H) unenfocceahle accarditlg to their tezms, or all or arty part of rim soma sees¢ed <br />hereby upCnilwrtnhla~ aS o[teridae provided ill the Severity Insttlasit wild tM8 Ad~tehle Payemnt <br />Rider, or of dimdrdshislg the value of lenders security, ttrn Iesder, at Ialder"s option, may declare <br />all alas seclaed by the Sacaaity Irffii*+.•.,r to be immediately due and peyalale. <br />IN WIIl~FSS WHAEQ+, Borrower has el®cuted this Adjustable Payment Rider. <br />i //;; <br />f~f. ,~~ ~„~ ~ , ~da~, (Seal ) <br />~- <br />• ~ (~-~-t'•r~ (Seal) <br />--.~~n , }a~csn r <br />_(Seal ) <br />-Boaoaer <br />(S~ ~Y) <br />TNC-005 (qc) (Page 2) <br />(New tt(87) <br />
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