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8~~(1:4Cl09 eflect without the conflicting provision. and to this end the provisions of this Security Instrument and !he 'Note are declared to .be severable. r E. TltANsFER OF THE PROPl!:Rl'Y; ASSUMPTION. UnifonnCovenant 17 of the Security Instrument is amended toreadas follows: 1'1.. 'I'r1IDl!ferofthePrtipet1y; Assumption. If all or any part of the Property or an interest therein is sold ortrailsferred by Booowerwithout Lender'sprior written consent, excluding (a) the creation of a lien or encumbrance subordinate to this Security Insln11lte1lf which does not relate to atrailsfer of rights of occupancy in the property, (b) the creation ofapurclUiSe money sccUrityinfet"est fothOuselloIdappliances, (c) a transfer by devise. deScent or by operation of law upon thedeathof a joiIittel\lin' or (d) the grant of any leasebold interest of three yeatS or lessllOt containing an option 10 purchase,Lender ID!lY. atI..ender'soption, declare all the sums secured by this Security Instrornent to be immediately due and payable. If. Lendtr exercl'lCs such option to accelerate, Lender shall mail Borrower notice of acceleration in accordanCewitb' paragraph 14 hereof. Sucb notice shall provide a period of not less than 30 days from the date the notice is mailed within which Borrower may pay the sums declared due. If Borrower fails to pay sucb sums prior to the expiration ofsucbperiQd, Lender may. without further notice or demand on Borrower. invoke any remedies permitted by paragraph. ISb""",f. 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 tran.sferee; (2) Lender r~nably determines that Lender's security will not be impaired and tbat the risk of a breach of any covenant or agreement in this Security Instrornent is acceptable: (3) interest will be payable 011 tbe sums secured by this Security Instrument at a rate acceptable to Lender; (4) changes in the terms 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 intereSlto principal: and(5}the lI'lInSferee signs an assumption agreement that is acceptable to Lender and that obligates tbe transferee to keep all the promises and agreements made in tbe Note and in tbis Security Instrument. as modified if required by Lender. 10 the extentpermilled by applicable law. Lender also may cbarge a reasonable fee as a condition to Lender's consent to any sale or transfer. Bonuwe; will c<lDlinue to be obligated under the Note and tbis Security Instrument unless Lender releases Bonuwer in writing, It BORROWER'S RIGHT TO REINSTATE Non-Uniform Covenant 19 ("Borrower's Right to Reinstate") is amended to read as follows: 19. Bonvwer's RIght to Reinstate. Notwitbstanding Lender's acceleration of tbe sums secured by this Security InslfUJ1Jent, Borrower shall have the rigbt to bave any proceedings begun by Lender to enforce tbis Security Instrument disrontinued only if applicable law so provides. Any right to remstate sball be exercised in the manner required by such law, G. NO FUflJRt; ADVANCES Non-Uniform Covenant 2101' the Seeurity Instrument ("Future Ads'aIlees") is deleted. H. LOAN CHARGES If the loan se<:uted by :he Security Instrument IS subjecl to a law whlcb sets maximum loan cbarges. and that law is finally interpreted so that tbe interest or other loan charges colle...ted or to be collected in conn~'Ction with tbe loan exceed permitted limits. thtin: (ll any sucb loan charge sball be reduced by the amount neces><U)' to reduce tbe cbarge to the pemlined limits; and (2) any sums alre<idy collected from Born)wer wbicb exceed\-"<l permitted limits will be refunded to Bom)wer. Lender may ebQose to make tbis refund by reducing the principal owed under tbe Note or by making a direct payment to Borrower. If " refUlld reduces principal. the reducllon will be treated il1< a partial prepayment under the Note. I, LEGISLATION If. after the dale hereof. enactment or cxpirallon of applicable laws bave the ellec'l clther of rendering the pnwisions of the Note, the Se..'Urity InslruJt1ent or tbis Adjustable Rate Rider'lotller tblUl tbis paragntpb I) unenforceable a\:\:ording to their terms, or all or any part of the SllIl~'i secured hereby uncollectable, as otherwise provided in the Security Instrument and this Adju$taI)Ie Rale Rider, or of diminishing the vall!<: of Lender's security. tben Lender. III Lender's option. may declare all sums SCl:ured by tbe Security Instrument to be immedlal<.'ly due and payable.. IN WITNESS WHEREOf, Borrower ba. ellccuted tbis Adjustable Paymenl Rider. ... .<t;~~~*i' '. .... S-tuart Ba_rtruff d . (]"tt' 1 (?"'~ J,:'.'''.i,j'.~ . 1':1.11 C. ll~>rtruH i A) (Seal) 'BOmJWer (Seal) .BomJwer (Seal) -Borrower (Sign 0nginaI Only)