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~ 83.....j02708 effect without the conflicting provision. and to this end the provisions of this Security Instrument and the Note are declared to be severable. E. TRANSFER: OF THE PROPERTY; ASSUMPTION. Unifonn Covenant 17 of the security Instrument is amended to read as follows: 17. 'I'rallster or tbe Property; Assumption. If all or any part of the Property or an interest therein is sold or transferred by Borrower without Lender '<prior written consent, excluding (a) the creation of a lien or encumbrance subordinate to this security Instrument which does not relate to a transfer of rights of occupancy in the property. (b) the creation of a purchase money security interest for household appliances. (c) a transfer by devise. descent or by operation of law upon the death of ajointtellllJlt or (d) the grant uf any leasehold interest of three years or less not containing an option to purchase, Lender may, allender's option. declare all the sums secured by this Security Instrument to be immediately due and payable. If Lender exercises such option to accelerate, Lender shall mail Borrower notice of acceleration in accordance with panlgraph 14 hereof. Such notice shall provide a period of not less than 30 days from the date the notice is mailed within which Ilort'Ower may pay the sums declared due. If Borrower fails to pay such sums prior to the expiration of such period, Lemlermay, without further notice or demand on Borrower, invoke any remedies pemlitted by paragraph 18 hereof. Lender may consent to a sale or transfer if: (I) Borrower causes to be submitted to Lender information required by Lender to evaluate the transferee as if a new loan were being made to the transferee; (2) Lender reasonably determines that Lender's security will not be impaired and that the risk of a breach of any covenant or agreement in this Security Instrument is acc<:ptable; (3) interest will be payable on the sums secured by this Security Instrument at a rate acceptable to Lender; (4) changes in the tenns of the Note and this Security Instrument required by Lender are made, including, for example. periodic adjustment in the interest rate. a different final payment date for the loan. and addition of unpaid interest to principal; and (5) the transferee signs an assumption agreement that is acceptable to Lender and that obligates the transferee to keep all the promises and agreements made in the Note and in this Security Instrument. as modified if required by Lender. 10 the extent permitted by applicable law. Lender also may charge a reasonable fee a.< a condition to Lender's consent to any sale or transfer. Borrower will continue to be obligated under tbe Note and this Security Instrument unless Lender releases Borrower in writing. F. BORROWER'S RIGHT TO REINSTATE Non-Uniform Covenant 19 ("Borrower's Right to Reinstate") is amended to read as follows: 19. Borrower's RIght to Reinstate. Notwithstanding Lender's acceleration of the sums secured by this Security Instrument. Borrower shall have the right to have any proceedings begun by Lender to enforce this Security Instrument discontinued only if applicable law so provides. Any right to reinstate shall be exercised in the manner required by such law. G. NO FLTURE ADVANCES Non-Uniform Covenant 21 of the Se"lfIty Instrument I "rurure Advances") is deleted. H, WAN CHARGES If the loan secured by the S<<urit)' Instrument IS subject to a law which sets maximum loan charges. and that law is finally interpreted so that the inte.est or other loan charges collecled ,)f to be collected in conneeUon with the loan exceed pemlitted limits. then: (I) any such loan charge ,hall be reduced by the amuunt necessary to reduce the charge to the pennitted limits; and (2) any sums already colIe.:ted from Bom.wer wblCh exceeded penllltted limits wilJ be refunded to Borrower. Lender may choose to make this refund by reducing the principal owed under Ihe Note or by making a direcl payment to Borrower. If a refund reduces principal, the reducuon will be treated as a partial prepayment uuder the Note. I. UGISLATION If, after the date hel'L'Of, eua.:mlenl or expil"dtiou 01 applicable laws have the elfe.cl either of rendering the provisions of the N~. the Security Instrument or this Adjustable Rate Rider. i olher than this paragraph 1) unenforceable according 10 their terms, or all or any plUl of the sums secured hereby uncollectable. as mherwL<e provided in lhe Security Instrument and this Adjustable Rate Rider, or of diminishing the value of Lender's ,ecurity. then Lender. at Lender's option. may declare all sums sc.:ured by the. Security Instrument to be immediately due and payable. IN WITNESS WHEREOF. Borrower has executed this Adjustable Payment Rider. ~Z ~''7 7-. i'../~. - '~.'C~~./ ...Z~. Maunu .Jt.. ller/y.:'/ .' ,;1..m\j ~ . tj.~~" c"..,...... ~,'7 "'~~;:.;/ (Seal) -Borrower (Seal) ,Borrower (Seal) .Borrower (Sign anginal Only)