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r 83.....'00506 t 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 10 read as follows: 17. lhmsfer oftbe Property; A.uumption. If all or any part of the Property or an interest therein is sold or transferred by Borrower without Lender's prior written consent, excluding (a) the creation of a lien or encumbrance subordinate 10 this Security Instrument which does not relate to a transfer of rights of occupancy in the property, (h) the creation of a purchase money security interest for housenold appliances, (c) a transfer by devise, descent or by operation of law upon the death of a joint tenant or (d) the grant of any leasenold interest of three years or less not containing an option to purchase, Lender may, at Lender's option, declare alltne 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 paragraph 14 hereof. Such 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 such sums prior to tne expiration of such period, Lender may, without funher notice or demand on Borrower. invoke any remedies permitted by paragraph 18 hereof. Lender may consent to a sale or transfer if: (1) 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 acceptable: (3) interest will be payable un Ihe sums secured by Ihis Security Instrument at a rate acceprable 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 rale, a different final payment date for the loan. and addition of unpaid interest to principal: and is) the transferee signs an assumption agreement that is acceptable to Lender and that obligates the transferee to keep all the pmmises and agreement'.; made in the Note ~md in this Security Instrument. as modified if required by Lender. To the extent permitted by applicable law, Lender also may charge a reasonabie- fee as a condition to Lender's- consent to any sale or transfer. Borrower will l.'ontinue to be obligated under the Note and this Security Instrument unless Lender releases Borrower in writing. f. BORROWER'S RIGHT TO REINSn,TE Non..Unifonn Covenant 19 ~ "Borrower"<; Right to Reinstate '.J is amended to read as follows: 19. Borrower's Right to Reinstate. Nl,"ltwllbst~mding Lentler\ i.l('ce!eratiQn of the sums secured by this St'-cunry lnstrument, Bonuwt~r shall hay;: the right h' have any proceedmgs begun by Ltndt:r to enforce this St:curity Instrument discOnllnued only if apph-(ablt' tJ\\- "'0 rruvJdc,~< :\n:r nght 10 reinstulc shall he exercised in the mamu:r required by such law. G. NO FtlTURE ADVANCF$ Non~Uniform Covenant 21 of the_ Seeunt) io\lrumenl {"Future Al.h~ml.:c~ "j is deleted H. LOAN CJL4.RG.ES If the loan ~curcd b)' the SC:\.'UIlt} InslflHncnt /:-. Whlcd h-~ it lav.. whi...:h sct:-, maximum Joan charges. and that law is finally inte.rpreled so that the interest Of other lhan (har~t;;~ (l.llk'cted Of hI be (ollcl.:tcd in c,.mnc(tu_m with the loan exceed permiued limits, thl:u: (i} any ~1.Kh loan ,-harge ,..,hall ~~ (edu-~cJ by the i:1JHOUm nct,,;:~s~ary to n:ducc the t.:hnrgt:- to the pcnnitted limits; Jnd (2; any 'jums a.ln.'ady \.'oliC'(-tc-\.! from B-onn\'oicr WhICh t.:x\:~~Jt:d pcrmjttt~d hmll~ Wli! be- refunded to fillITOWer. Lender may ("hLX~ io make HilS refund hy n:dw.:ing the pfif}(jpaJ O\\(,u under the Note or b} mai.ing a I.hrci.:! payment to Borrower. If a refund reduces pnnl..'ipaL the fl'du\.:lion \.\ III be txatcd it:. a partial rr,,~payrncnt onder ihl' Note. 1. LEGISLATION If, after the datl' hen..'-l,Jf. l'na';"[Hl<-nt or t:'\pim.hon tll' ~ipph.....ahk I~H"":-' havl: the elled ~ither of rendering the provisions of the Not(, the Se;..'uritl Ins-trulHt~nt \,r thiS Ad.lustablt! Rak Rider {;,)lher than tJH~ paragmph II unenforceable according to their tenus.. (\r all or any pan of th~ :-.um~ St~,:ur\.'J hereby un....1JJk({uble. a~ ,,-)[herwlSC provided in the Security Instrument and this AdjuSt-table Rate Rldt"r. ()f \.\t dtnunt~hing rht.' \,due of LenJcr'~ M~curity. ihen Lender, €Il Leru:lcr\ option. may declare all sums ~"-.:urcd by (he se-i..'Unf.)~ In~tnHlt(rH iu be mUllcdtatdY. due. anJ payable, / IN WITNESS WHEREOF. Bonm.er ho> c,'''':~_tcd Ih" flu'tahle Payment R)6er. ,/ "// ~(-} l t. ) _~../ :' _____._. , I<.~*-". ................... . .. (Seal) . Robert f. Stockhaus -Borrower 1."/". /;/~/, _pt,.izflcf.-.,'(./V .xZ/6tLJ!..:"<'<..u.:?~. Barbara A. Stockhausen I Seal) -Borrower (Seal) -Borrower (Sign OngimtJ Only)