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r <br />D. UNIFORM SECURITY INSTRUMENT; GOVERNING LAW; SEVERABILITY ' <br />Uniform Covenant 15 of the Security Instrument is amended to read as follows: <br />IS. Udform Seeadty lostratoear GovttNttg haw; Severab6l[y. This form of Security lnstrument combines uniform covenants for national <br />use and non-uniform covenants with limiltd variations by jurisdiction to constitute a uniform security instrument covering real property. This <br />Security Instrument shall be governed by Federal law and the law of the jurisdiction in which the Property is laq[ed. in the even[ that any <br />provision or clause of this Security Instrument or the Note conFlicts with applicable law, such wn/tict shall mot affect othtt provisions of this <br />Security [nstrummt or the Note which can be given effect without the conflicting provision, and to this and the provisions of this Security <br />Instrument and the Note are declazed to be severable. <br />E. TRANSFER OF THE PROPERTY OR A BENEFICIAL INTEREST IN BORROWER <br />Uniform Covenant 17 of [he Security Instrument is amended to read as follows: <br />17. Tnas/tt of the ProptKty or a Besefkhl Intttest im Borrower. If all or any part of the Property or an interest therein is sold or transferced <br />(or if a beneficial interest in Borrower is sold or transferred and Borrower is not a natural person) without Lendtt's prior written wnsent, <br />Lendtt may, at Lender's option, declare all the sums secured by this Security Instrument to be immediately due and payabk. However, this <br />option shall not be exercised by Lender if exercise is not authorized by Federal law. <br />If Lendtt exercises such option to accelerate, Lender shad mail Borrower notice of acceleration in accordance with paragraph 14 hereof. Such <br />notice shall provide a period of not less than 30 days from the date the notice is mailed within which Borcowtt may pay the sutras dechurod dtu. If <br />Borrower fails to pay such sums prior to the expiration of such pttiod, Lender may, without further notitt or demand on Borrower, invoke any <br />remedies permitted by paragraph 18 hereof. <br />Notwithstanding asale or transfer, Bortower will continue to be obligated under the Note and this Security Instrument unless Latda has <br />released Borrower 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 intttpt'eted aolhaYthr <br />interest or other loan charges collected or to be collected in connection with [he loan exceed permitted limits, then: (1) any such)oanchugetJuB. <br />be reduced by the amount necessary [o redum the charge ro the permitted limit; and (2) any sums aheady collected:-from Borrower--.wfiich <br />exceeded permitted limits will be refunded [o Borower. Lender may choose to make this refuttd by reducing the principal owed [trader the-Note <br />or by making a direct payment to Borrower. If a refund reduces principal, the reduction will be treated as a partial prepayment [trade[ the Note: <br />IN WITNESS WHEREOF, Borrower has extcutM this Adjustable Rate Rider. <br />. r-~ ~ <br />Gary D. Nolan BORROWER - - <br /> tSeal):_ <br />R <br />Bobbie J. Nal OWER <br />~x <br />(Sal)< <br />BORROWER <br />(SIGN ORIGINAL ONLY) <br />~, p o : . <br />~, =,; `~ <br />~ ~ ~ a <br />~ G.'f c.a _ <br />. s ~: ~ 1 ~+ <br />~ ~yl~ <br />' ~' t'"' ,.CZ <br />0 <br />J~ <br />~7 <br />