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<br />~~~~ ~ ~rvQ967 <br />(E) Legal Limitation on Rate. <br />If the fired rate to be quoted on any Payment Charge Dete exceeds the mvdmn diargea or rate , <br />allowed by aipp]i~le law, then canersion will not b? al]owied for that Payment Charge Date: The <br />ente holder may offer a lower rate or chatEes then required or penaitted by this section in order to <br />comply with ardr t ~t limitations, but is mt required m do so. <br />(F) Prepayment. <br />7f, after conversion, I make airy prepaymenh order section 8, it will 6e governed bq sect3orr B <br />e~ept drat the. amamt of my monthly payments vilt ent be drarged. <br />(G) Provistone Not Applicable after Comieraiar. <br />After cornersion of this loan, sections 2 (except for tie first two sentences)', 3 4 (emept <br />for (A)), 5, 7, and the last two sentences of section'-8 shall not apply. <br />7. NOTICE OF CHANGES <br />The Note Holder will mail or deliver m me a entice of acry charges in the Full: Monthly Amount <br />and my monthly payments at least 3O days before the effective date of ary drarge. -The-rwtice will <br />inr7,vb information required by lacy m be given me and also the title-aid' telephone nutifier of a -- <br />person vrtio vill answer anY question I may have re~rding tie entice." <br />B. CHARGES; LIENS <br />Uniform Covenant 4 of the Security Instnmer~t is amended m read as follows: <br />4. Char@ess Liens. Borrower shall pay' all tames, assessments, and otlws' clcgsNes, fines' and <br />impositions attributable m the Property which may attain. a prlrrtty over`ttds--Sec~nity Ina~*+~+-, <br />and ]~nld payments or graard rents, if arry, in the mamer provided render paragraph 2 hereof ar, <br />if rot pats in such +~*~*, by Borrower making Payment, when due, directly to the payer ct,erenf. <br />Barzower stall pcenptly furnish m Larder all notices of amwarta due under this;paragraph, and in the <br />event Borrower shall mske payment directly, Borrower shall pmeptly futddsh m Leader receipts <br />Iffity provided, that Botrower~stellrirot be re4utred wandied~e airy- arh ]tyiea so lag <br />as Borrower: (a) shall agree in wtitirg to the payment of the obligation senrred by srh lien in a . <br />mazmer acceptable m Larder; (b) shall in goad faith contest such lien by, or deferd a~inst -- <br />enforcement of such lien in, legal proceedings which in the opinion of lender operate m preuent the <br />enforoasent of the lien or forfeiture of tie Property or arty part thereof; or (c) shall sean'e from <br />the holder of such lien an agre®ent in a form satisfacmry m Lender subordinating such lien to this <br />Security Instrument. <br />>f larder determtres that all or any part of the Property is subject m alien whid~may attain a <br />prlority over this Security Instrument, lender shall se[d Borrower narice identifying such lien. <br />Borrower shall satisfy such lien or take one or more of the actions set forth aboae wlttcin-ten;days <br />of tie giving of notice. <br />C. NOTICE <br />Uniform Covenant 14 of the Security Instrument is amerded m read as follows: <br />14. Notice. Except for arty notice required order applicable law m be given in aenthes manner, (a) <br />any entice m Horraxr provided for in this Security Instrument shall be-given Iri delivering it or by <br />mailirg it try first class mail addressed m Borrower at the Property Address or at such otter address <br />as Borrower may designate by notice m Larder as provided herein, and (b) arty entice m Larder stgll <br />be given by first class mail m larder's address stated herein or m suds artier-address as Lerdec,may <br />designate by notice m Borrower as provided herein. Any entice provided for in the Sewrity <br />Instnment shall be deed m have been given m Borrower or Larder when giver in the roamer <br />designated herein. <br />D. UNIFORM DEED OF TRUST; GOVERNING LAW; SEVERABILITY <br />Uniform Covenant 15 of the Security Instrument is amerded m read as follows: <br />75. Uniform Deed of Trust; Governing Lay; Severatdlity. This form of Security Instrrnerac cambdrees <br />uniform coverts use and nornnifozm covenants with limited variatiorm by jcaisdiction m canetinrte <br />a uriform security instrument ooverirg real property. 'this Security Lnstrument shall be governed by <br />federal law sad law of the jurisdiction in which the Property is located. In the evert that ary <br />provision or cta,m of the SeccnYty LnstrumenC or the Note conflicts with applicable law, such <br />oorflic[ shall not affect other provisions of this Security Instrument or the Note which can be given <br />effect vithout the conflicting provision, and m this erd the provisions of this Security Instrument <br />and the Note are declared to be severable. <br />E. TRANSFER OF THE PROPERLY; CR A BQEEIC[AL IIJfFRESf IN B7R[O4ER. <br />Uniform Covenazit 17 of the. Security Instrument is amerded m read as follows: <br />17. Trauafer of the Pcrrperty or a Beneficial Interest in BormMer. If all or any part of the <br />Property or an interu~t therein is sold or transferred (or if a beneficial interest in Borrower is <br />sold. or transferred and Borrower is not a natural person) withatt rcrvlar's prior written consent, <br />Lender may, at lenders option, declare all the sums secured by this Security Instrument to be <br />imaadtarely due acrd payable. However, this option shall not be exercised by Linder if exercise is <br />rupt authorized b3 Federal Laver. <br />If Larder ezerdses such option m acoelera[e, Larder shall mail Borrower entice of acceleration in <br />accordance with paragraph 14 hereof. Sudu notice shall provide a period of not less than 30 days <br />Erna the date the mCi,ce is mailed within which Borrower may pay the stets declared due. If Borrower <br />fails W pay such arms prior [o the expiration of such period, Larder may, without further notice or <br />demand an Borrower, invoke arty r®edies permitted by paragraph 1B hereof. <br />Notrrlthatardirrg a sale ar transfer, Borrower will cortirtie to be obligated order the Note and this <br />Severity 7rrgtrument unless [.order has released Borrower in writing. <br />TMC-024 (qc} (page ?) <br />Rev =1B4 ;CAF 2} <br />