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<br />a. UNQ+OIRIIt BEGDRITY INS'I'RUINENT; covFrwlNC LAw; sEVERASILrrr <br />Uniform Covenant 1S of the Security Instrument is amended to read as follows: <br />13. Usdfatt SaeaAq Irr[naaM; Law; SavenYYly. This form of Security Instrument combittes uniform covenants for rauional <br />rase and nonuniform coveaunta with limited variations by jurisdiction to conStituk a uniform saaarity inatrurnmt covering real property. Tbis <br />SuntritY Instruratenf shall be governed by Federal -aw and thr law of the jurisdiction in wbich the Property is located. In the event tlut any <br />provisiop~=or clauseof this.Security Instrument or the Nok contlictr with applicable law, such conflict shall-nm affect other providom of this <br />Seetirity:Instrdmenr a the Note which can be given effect without the conflicting provision, steel ~ to~ this end the provisions of this Security <br />Inatrttment and-the Note are decWred to be severable. <br />& TRANSFER (]F THE PROPEkTY OR A BENEFICIAL INTEREST IN BORROWER <br />Uniform Covenant I7 of the Security Instrument is amended to read az follows: <br />]7. Ttsasfer of tYrP-o~estY or • BewetleW lahreat Ira Roarower. if alI or any part of the Property or an in[era[ therdn is soW or transferred <br />(or if a beneficial interest in Borrower is sold or transferced and Borcower is not a natural person) without Lender's prior writtrn consent, <br />Lender may, a[ Lender's option, dalare all the sums secured by this Security Instrument to be immediately due and payable. However, this <br />option shall nm be exercised by Lender if exercise is not authorized by Federal law. <br />If Lender exercises such option to accelerate, Lender shall mail Borrower notice of acceleration in accordance with paragrapb 14 hereof. Such <br />notice shall provide a period of not less than 30 days from the date the notice is mailed within which Borrower may pay the satrosdedared due.if <br />Borrower fails to pay such sums prior to the expiration of such period, Lender may, without further notia or demand on Borrower, invoke any <br />remedies permitted by paragraph I8 hereof. <br />Notwithstanding a sale or transfer, Borrower will continue to be obligated under the Note and this Security Instrument unless Lender has. <br />released Borcower in writing. <br />F. LOAN CHARGES <br />If the loan secured by the Security Instrument is subject to a law which sets maximum loan charges, and that law is finally interpreted so [bertha <br />interest or othn iosn charge collected or to be collected in connection with [he loan exceed permitted limits, then: f l) any such -oan cltuge shW <br />6s reduced -by the aattotmt necessary to reduce the charge to the permitted limit; and (2) any sums atready collected from Borrower which <br />exceeded permitted limits will be refunded to Borrower. Lender may choose to make this refund by reducing the principal owed undo the Note <br />or by making a direct payment to Borrower. f f a refund reduces principal, the reduction will be treated as a partial prepayment under the Note. <br />IN WITNESS W HEREOF. Borrower has executed this Adjttatahk Rate Rider. <br />-~ <br />\~' ~ ~ ~- (Seal) <br />?aul N. Beck ~ BORROWER <br />~c~-~.. -~ ,G.£P .cam recap <br />Jea~K. Beck BORROWER <br />(Seep <br />BORROWER <br />(SIGN ORIGINAL ONL1~ <br /> <br />m <br />a _ ;~~ ~ <br />~ ,_, -*, ~ <br />tY, _ <br />c` c, ws <br />~ ~ ? ~~\ e~ <br /><_~ W, - •° <br />