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<br />83_004677 <br /> <br />r <br />I.. <br /> <br />faith rontest such lien by, or defend against enfora:ment of such lien in, legal proceedings which in the opinion of <br />Lender operate to prevent the enforcement of the lien or forfeiture of the Property or any part thereof; or ( c) shatl <br />secure from the holder of such lien an agreement in a form satisfactory to Lender subordinating such lien to this <br />Security Instrument <br /> <br />If Lender determines that all or any part of the Property is subject to a lien which may altain a prioriry over this <br />Security Instrument, Lender shall give Borrower a notice identifying such lien. Borrower shall satisfy such lien or take <br />one or more of the actions set forth above within ten days of the giving of the notice. <br /> <br />c. NOnCE <br /> <br />Uniform Covenant 14 of the SeCUnlY Instrument is amended to read as follows: <br /> <br />14. Notice. Except for any nOllce reqUIred under applicable law to be given in another manner, (a) any notice to <br />Borrower provided for in this Security Instrument shall be given by delivering it or by mailing it by first class mail to <br />Borrower at the Property Address or at such other addrfiS as Borrower may designate by notice to Lender as provided <br />herem, and (b) any notice to Lender shall be gIven by first class mail to Lender's address stated herein or 10 such <br />other address as Lender may desIgnate by nouce to Borrower as provided herein. Any notice provided for in this <br />Security Instrument shall be deemed to have been gIven to Borrower or Lender when given in the manner designated <br />herem. <br /> <br />D. UNIFORM SECURITY INSTRUMENT; GOVERNING LAW; SEVERABIliTY <br /> <br />VOIform C<lvenant 15 of the Secunty Instrument is amended to read as follows: <br /> <br />15. UllIform Security IMtnnBeftt; GoverniDg Law; Sevenbllity. This form ofSecunty Instrument combines uniform <br />covenants for nallonal use and non,uDlform mvenants with limited vanations by jurisdiction 10 constitute a uniform <br />security instrument covenng real property This SecurilY Instrumenl shall be governed by Federal law and the law of <br />the )urisdiCllOn to which lbe Property IS located. In Ihe evenlthat any pro\1S1on or clause of this Security Instrument <br />or the Note conl1lClS with applicable law. such <"nlliet shall not aWect other proVISions of this Security Instrument or <br />'he Note wh.ch can be gIven eirect w,thout the C\JOfhctlng provision, and to thu end the provisions of this Security <br />Instroment and the Note are declared to be ""verable. <br /> <br />E. TRANSFER OF THE PROPERTY OR A nNF.FIc:tAL INTEREST IN BORROWER <br /> <br />Uniform Covenant ! 7 of Ihe SccunlY Instrument" amended to read as follows: <br /> <br />17. Traosfer or lhe Pro,et1y Of a Beneficial Inleresl in Borro"er. If all or any pan of the Propeny or an Interest <br />therein 1.5 sold or trans.!t-rred t or If a benefiCial mterest In Borrower IS St,.iid or ffansferrc-d and Borrower IS not a natural <br />peT>On I w'thQut Lenders poor wonen wn>cm. Lender may. at Lenders opnon, declare all the sums secured by this <br />SeCUnty Instrument 10 be ImmedIately due and payable. However. ,h.. opllon .hall not be exercised by Lender if <br />exeTCl$C is not authorized by Federal law. <br /> <br />If Lender exerci~ such optlon to a((:eler.,e, Lender ,hall mati Borrower nOllce of acceleration in accordance with <br />para'lllph I" hen:oi Such nOlla shall provIde" penod of not less thall 30 days from (he date the nonce is mailed <br />within which Borrower may pay the sums dedared due. If Dorrower fall> to pay such sums prior 10 the eXplration of <br />such period, Lender may, Wllhout funher Il<Jtltt or demand on Borrower, JOvo.e any remedIes permitted by <br />para,rapn 18 heJ'C'Of. <br /> <br />Notwilb$tllndina a sale or tramfer, Borrower will "onunue to be obligated under the Note and this Security <br />ItlSIt1Iment unless Lender hilS relealoCd Borrower 10 wnllng. <br /> <br />F, LOAN CHARGES <br /> <br />If the loan secuted by the Security Il1iIfUmem IS sub)ectlO a law which setS maximum loan charges. and thaI law is <br />fill4Ily Inlerpt'Cled SO thaI the Interest or other loan chargd collected <>r to be collected 10 connecllon wllh the loan <br />exceed permuted limns, then: (II any such loan charge shall be reduced by the amount necessary [Q reduce the <br />chat&c 10 the permllled limit; and (2 J any sums already rollected from Borrower which exceeded permllled limits will <br />be refunded to Borrower. Lender may ch<.1ose 10 make thlS refund by redUCing the l>rinClpal owed under the Note or <br />by makin, a direct payment to Borrower. If a refund reduce;; prinCIpal. the reduction will be treated as a pantal <br />p~ymeal under lhe NOle, <br /> <br />II' Wm<us W__, a.n-." lIu necuted this A~lIIe Rale RIcJer. <br />/ <br /> <br /><" <br /> <br />...... ri\(;;;a{/.;;~'r;~~;l~. {{;';dL.6:. <br /> <br />'" <br /> <br />. (Seal) <br />'llotro_ <br /> <br />~ <br /> <br />F' ~f , <br />..;,~';l:,?1,.l:&:'I.,6:~./:!.. .J..:::uc..f.L,. <br /> <br />:f-:H t'B 1,';J t',. ~ :lti~<_fj <br /> <br />( Seal) <br />.BQtT~ <br /> <br />(Seal) <br />.- <br />'5'11" Otlil"'-' Only) <br />