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ut~0980 (E) ~ Limitation on Rate. If the fired rate to be quoted on any Payment Grange Date exceeds the maximum charges or rate allowed by applicable law, then conversion will not be allowed for that Payment Change Date. The rote holder may offer a lower rate or dvnrges than required or peffitted by this section in ogler to comply with suds legal limitations, but is rot required to ao so. (F) Prepayment. If, after oacueraion, I make acry prepaymec~t ,ceder sectinrr 8, it will be governed by section 8 amept ttet the am~mt of my monthly payments will rot be d~ergr~. (G) Provisions Not Applicable after Conversion. After conversion of this loan, sections 2 (except for tie first two sentences), 3, 4 (eA:ept for (A)), 5, 7, and the last two sentences of setting 8'shall not apply. 7. NOTICE OF CHANGES The Note Holder will mail or deliver to me a rotice of any dia[ges in the Full Marthly Amdart acd my monthly payments at least 30 days before the effective date of acry der~ge.. The-notice: wl]S include information required by law to be given me and also the title aid telephone caier'of''a person who w111 answer acry question I may Have regartiin8 the mtice." B. CHARGES; LIENS UMform Covenant 4 of the Seanrity Instt>merm is amended to read as follows: 4. Charges; Lieffi. Borrower shall pay all taxes, assessments,. gad- other charges,. fines apd impositions attributable to the Property which may attaia a priority over this- Seaaity lYistrrm~it, and leasetnld payments or graced rents, if any, in the m+~~ provided under paragrpphh'2;fiereaf or, if rot paid is such roamer, by Borrower malting payment, wlffi due; directly to.:tle_ payee. ther+aof. Borrower shall pe®ptly furnish to lender all notices of ammta due-under ttds:paragraph, and in the eves Borrower stall make payma~t directly, Borrower shall prr~tly furnish ;to I;etder rnceipts.- evidarcicg such payments. Borrower st~al.l pt~tly disderge anY lien which has priority over this: as Borrower: (a) shall intewtt~it~i~rtt~ cot be required to disdrar~e any such lied so-lag. ng payment of tie obli~tion severed by snr}c lien-. in a manger acceptable to Lender; (b) shall. in good faith contest such lien by, or defend. against enforcement of such lien in, legal proceedings which in the opinion of leerier operate to preverrcrthe enforoe~ent of the lien or forfeiture of the Property or any Fart thereof; or (c) shall seac[e from the }alder of such lien an agreement in a form satisfactory to Lender subordinating suds lien to-this. Security jnscn.~wnr, If Leader determinws that all or any part of the Property is subject to a liar which_aiay attsina. priority over [his Security Instzn~nt, lender shall seed BDLInhEr notice idertif}ring .aedr lien+ Borrower stall satisfy such lien or talcs are or more of the actiore set forth alioue withia ten days of tie giving of notice. C. NOTICE- Uniform Covenant 14 of [he Secarrity Instne,a.v is amended to read as follows: 14. Notice. Except for airy notice required under applicable law to be given in amther roamer; (a) airy notice to Borrower provided for in this Security Instrument shall be given-try delivering: it br try _ mailing it by first class mail addreasrd to Borrower at the Property Address or at sufi otter addreae as Borrower may desigiate try notice to Lender as provided herein, and (b) any nnotice to Lever-stroll be given by first class mail to iarvior's address stated herein or to &udr otter address as Lender-may designate by notice to Borrower as provided herein. Any Mice provided for in tie- Security Iretr+neem sha11 be deemed to have been given to Borra+er or lender when given in the roamer designated hetrain. D. UNIFORM DEED OF TRUST; GOVERNING LAW; SEVERABILITY Uniform Coveoent 15 of the Security Instrument is amended to reed ae follows: 15. Uniform Deed of Trost; Govemi~ Law; Severatdlity. TtniB form of Security Instnnent ccubires uniform covenants use and cnarlatiform covenants with-limited variation by jurisdiction bD corstihrte a uniform seauity icnstn+eanr covering real property. This Security InstI1~^* etlall 6e governed by federal law and law of the jurisdiction in which the Property is located. In the event that gay provision or clause of the Security Insrr+~~~ or the Note conflicts with applicable law, suds conflict stall rot affect other provisiocne of this Security Iffitrtment or tie Note which can be given effect wittnut the conflicting provision, acd to this end the provisions of this Security Instrtmenrt azd tie Note are declared to be severable. E. TRANSFER OF THE PROPERTY; OR A Hr3~EFICIAL IIJffREST UV BORROWER. Uniform Covenant 17 of the Security Instrument is amended to read as follows: 17. Transfer of the Property or a Henefidal Interest in Borrower. If all or any part of the Property or an interest therein is sold or transferred (or if a ber>eficial interest in Borrower is sold or transferred and Horrawer is not a natural person) without Lecdei s prior written consent, ierder rosy, at larder's option, declare all the sums secured by this Senuity Znstr+~o„r to be immadistely due and payable. However, this option shall not be exercised by Lender if exercise is clot authorized by Federal Law. If I.e~er exerdaes suds option to accelerate, Lecder stall mail Borrower notice of acceleration in accordance with paragraph 14 hereof. Such notice shall provide a period of oar leas than 30 days from tYe date the rocica ie mailed within which Borrower may pay the sums declared due. If Borrower fails to pay garb sums prier to the expiration of such period, Lender rosy, without further notice or demond on Borrower, Irnvke any. r®edies permitted by paragraph 18 hereof. Notwithstaicdiiug aegis or transfer, Borrower will continie to he obligated order the Note acd this Security Instrument unless Lender has released Borrower in wdtir~g. TMC-024 (qc) (Page 2) Rev 2(84 (CAP 2)