<br />given by f:lr!lt elass mall to Lenier's address lItatei ben1n. or to such other address asI.ender may
<br />deaf.gnate by notk:e to 1lomlWl!!:' lIS prov1ded heo:efn. Ar:y lIDtU:e provided for in th1s S8curity
<br />~ shall be deemed to lBve been gi'\l8l to ~ or I.ender VIm givm1n tbe_ desf8natec1
<br />herein.
<br />
<br />D. UNIFORM DEED OF TRUST: GOVERNING LAW; SEVERABILITY
<br />
<br />tb1foza 0Nenant 15 of the Security ~ is -mm. to read as folloIe:
<br />
<br />15. lImCJJM IEED (I 'llllSI'; a:J\II!tlNItG lAW; SEVEllABIl.nY. 'lb:I.s fOllll of Secur.U:y JJlst:l:lllleat c:aIIbiDes
<br />.m.fom <lDV!!IBlta for J.'llI1:Um&1 tBe and ~ a:MlIllmtawith liIId.ted var1adorwJ.. by jurh.BM'iOo\:D
<br />const1tute a .m.fom lIllCUd.ty 1J:1atNBJt: ~ nlBl~. 'lb:I.s Security. ~....sbaU..be
<br />govemed . by fecleral laIor and the laIor of the jurl8d1t-tlooin liW:h. the Property is 1oc:ated. In tIa ~
<br />tbIt any ~ or cl.aua of th1s S8curity Inst:ruIIeat or thelbteClOl1f11cta '!ith IIJlPli...."l.. law.
<br />such CD1f.Uct sbaU mt affect other p:ov1sloas of tb:ls Security 1i1strIIB1t or the lbte -idch csbe
<br />giVl!ll effect ~ the CD1f.Uctiqr ~, and to th1s en! the prov1aials of the Security
<br />~ aod the !bte are declared to be 1Il!\Ieable.
<br />
<br />E. TRANSFER OF THE PROPERTY OR A BEh~FICIAL INTEREST IN BORROWER
<br />
<br />l1'lifom Covenant 17 of the Security lnsttuJIent is lIIEDIed to read as fol.l.alo8:
<br />
<br />17. 1IlANSFllR (F 1llE m>Pl'.RTY <R A BENEFICIAL INIERESI' IN ~. If all or' any part of the Property
<br />or an :l.nteI:est there:ln is sold or traDSferred (or if a beoefic1al :I.Dl:en!st in ~ 1a1lClld or
<br />tIa1aferred and Ilo-=-r is mt a IIiIttUral persao) without I.mder'"a prior wd.tt81 ~ U!DIermay.
<br />at Lender-a optial, declare all the lIUIIIS secured by th1s Security ~ to be ~_ly duellld
<br />payable. fbwI!ver, this optial shall mt be emrc:laed by Lender if e:rerc:1se is me: ...,r\'m1 wd by
<br />Faio!ral laIor.
<br />
<br />If Leader E!lII!!reiEs such optial to ........1_.., Lender shall mall IlontlIiE mt1ce of ~ in
<br />"'~ .. L. ,. wl.tb ~ 14 t.reof. !b:h tDtice shall proride a ~ of mt ~ tbm 30 daJa fraa
<br />the date the DDtice is .nm within liW:h ~ may pay the SUlII declared due. If IlontlIiEfails
<br />to pay such.... pr:lor to the ezpiratjI:ln of such period, I.ender may, without further lIDtU:e or ~
<br />on 1lontlIiE, invdre .:rj t'lIB!ies pem1l:ted by ~ 18 hereof. -
<br />
<br />F. COVENANT DELETED
<br />
<br />!.h1tom ~ 21 of the Secud.ty IDstmImt ('1'I1ture ~-) is deleted.
<br />
<br />G. !DAN CHARGES
<br />If the lam IJI!CUn!!d by the Security InsttuDmt is u. jt!ct to a laIor liW:h seta IIBDDuD 10m cbIIrgea, and
<br />tlat law is f1nally Interpreted 90 tlat the interest or other lam cbIIrgea collected or to be collected
<br />in ..-.-H0Il with the 10m ellI:eBl pmm,itted Umita, thm: (1) my such 10m chlIqe sbaU be nduced by
<br />the __ .-ry to nsiuI:e the chm:p to the pem:l.tted lliI1t; and (2) any _ alre8dy collectal
<br />fraa ~ lohich -=-led pem1l:ted l1Dd.ts will be reftnkd to aorn.er. lender may cb:08e to 1lIIIra
<br />th1a mftai by ~ the ~ ~ IDler the!bte or by .-IdDg a di.nct raJIBIt to 1lor1:QMr.
<br />If . retU:Id I1!duces ~, the t'eIdtrt1on will be treated as a pItt;Ia1 ~qa,..,..s. tnder the lbte.
<br />H. LEGISLATION
<br />If, after the date hereof. es:&::tIlI!Dt or ezp1ntt1on of "l'Pli,..."l.. 1-. lBve the effect. either of
<br />~ the provi.s1a!s of the lbte, the Security Inat:rum!l1t or this Mjustable Rate lUder (other tbm
<br />this ~ G) ~ 8CIC01'Cili1g to tllIUr tema, or a.i.l or any part of the _ -=ed henlby
<br />,.......I1_~"l>1~, as odmv1se prorided in the Security InstnBmt and this Adjustable Rate Rider. or of
<br />dJIIIf.n1.&h111 the value of U!aler's Sl!IC1Id.ty, thm LeaIer, at Lender's option, lIIIY del:.lare all SUE
<br />seared by the Security Inatrulll!Dl: to be tm.11at.eJ.y U aad ;ayab1e.
<br />IN wmt!SS loIDECF, Ilorrooer ilia ~ this Mjustahle Rate Rider.
<br />
<br />"
<br />,,,J., . " ,)( -I.. ',~v
<br />~' DENISE IV'" tOW~Y
<br />~,!,.... GmE~At NOTARY s............
<br />~-iI1IIlr.,4 --.::. M)' CO~, E..". ...."'11. 25. !91J
<br />
<br />:it,;\-,:'ll.:t
<br />
<br />:.J.c.:'
<br />
<br />(SMl)
<br />~
<br />
<br />//
<br />
<br />, -.../,
<br />
<br />(Seal)
<br />~
<br />
<br />,)ah~
<br />
<br />~_~....: ~l
<br />
<br />(SMl)
<br />~
<br />
<br />p
<br />:-
<br />)t " =
<br />r>> '\, '.v
<br />IJl = .
<br />-l c' -,
<br />1:l '.'!
<br />)t
<br />n _.
<br />-\
<br /> ~ .,
<br /> ::x r- ,.
<br /> "" ""
<br /> .r ,-.")
<br /> 0')
<br />
<br />(Sign <kig1nal cnJ.y)
<br />
<br />'""
<br />~
<br />;;
<br />008-
<br />WQ/
<br />, .C' ~.' L '"
<br />
<br />'. '\.-" of
<br />,:!\1..o ~
<br />:, hrJtf1 ~:
<br />~ \l j 'I .r:',
<br />j I I <.0 t
<br />.....
<br />
|