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I 83':';'" 005515 faith contest such lien by, or defend against enforcement of such lien in, legal proceedings whicb in tbe opinion of Lender operate to prevent the enforcement of the lien or forfeiture of !he Property or any pan thereof; or (c) shall secure from tbe holder of such lien an agreement in a form satisfactory to Lender subordinating such lien to this Security Instrument. If Lender determines !hat all or any part of the Property is subject to a lien which may attain apriority over this, Security Instrument, Lender shall give Borrower a notice identifying such lien. Borrower shallsatisfy such lien or take one or more of the actions set forth above within len days of the giving of the notice. C. NOTICE Uniform Cm-enant 14 of the Security Instrument is amended to read as follows: 14. Notiee. Except for any notice required under applicable law to be given in another manner, (a) any notice 10 Borrower provided for in this Security Instrument shall be given by delivering it or by mailing it by first class mail to Borrower at the Property Address or at such other address as Borrower may designate by notice to Lender as provided h~in, and (b) any notice to Lender shall be given by first class mail to Lender's address stated h~in or to such other address as Lender may designate by notice to Borrower as pro\'ided herein. Any notice provided for in this Security Instrument shall be deemed to have been given to Borrower or Lender when given in the manner designated herem, D. UNIFORM SECURITY INSTRUMENT; GOVERNING LAW; SEVERABIUTY Umform CO\'enam IS of the Securitv Instrument IS amended to read as follows: IS. UllIform Security InstrulHllt; Gonmi... La..; Severabillty. This form of Security InstrUment combines uniform covenanlS for national use and non-uniform covenants with limited variations by jurisdiction to constilUl\: a uniform secunty instrument covering real property. This Security Instrument shall be governed by Federal law and the law of the jurisdiction In which the Property " located. In the event that any proVISion or clause of this Security Instrument or the Note C',~!Itcts w.th applialble law, su,J! conflict shall not alfect other provisiom of this Security Instrument or the Note which aiD be gIven effect wllhout the conflicti,.~ provision, and to this end the provisions of this Security IIlsUllmem and the Not~ are declared to he sev~rable. Eo TRANSFER OF THE PROPERTY OR A BENEFICIAL INTEREST IN BORROWER Unll('rm Covenant 17 of the SecunlY Instrument IS amended to read as follows: 17. Tramer of th~ Property or a Benelkiallnt~t in 80rr0w~r. If all or any pan of the Property or an interest therein is sold or transferred (or If a bendktal ,"terest in Borrower", ....Id or transferred and Borrower is not a natural person) wnhout L~nder" prior wOllen consent. Lender may, at Lender's option. declare all the sums secured by this Security Instrument to he .mmedlately due and payable. However, thIS oplion shall nOt b~ exercised by Lender if exerase .. n<'t authonzcd by Federal I...... If l.ender exefC1SCli such optWn to accelerate. Lend~r shall mail Borrow~r notice of a.:celerauon in accordance with parairaph 14 hereof. Such nouce shall provIde. period of not less than 30 day. (rom the date the notice is mailed within which Borrower may pay the sums declared due. If Borrower ra,ls 10 pay such sums prior 10 the expiration of such Jll':riod. Lender may, wllhout further nOllce or demand on Borrower, ,"voke any remedies permiued by pa~ph I: he~f. Notwlthstam!mll a sale or transf~r, Borrower will wnllnue to be obligated under the Note and this Security instrument unless Lender has released Borrower In wnllng. F. LOAN CHARGllS it tht loan secured hy the Security instrument is subject to a iaw whicl1 :.ciS m-axJifiuffi IUiii charg5. and thai faw is fi=~ny ht~ so !hat the !!!~ Qr othe-r ~n c;h.rs:es mltected or to be coliected in connection with the loan eUleed ~'miued limits. then: ( I) any such loan charge shall be reduced by the amount nettSSary to reduce the cltar:c 10 the prrmttted limit: and (2) any sums already collected from Borrower which exceeded permiued limits wll.! be refunded to Borrower. Lender may choose to make this refund by reducing the principal owed under the Note or by mU"l1# a dmx'1 paymeot to Borrower. If a refund red1KZS principal, the reduction will be treated as a partial prepayment under tbe Note. IN WfI'l'IUS WHU_, Borrower has ~xecuted this Adjustable Rate Rlftr. i;~?(./ f.. Ii //~,-,_._- J.",r:,:.l<<....,~ ",L.,i/:Jt:'(..ll_..._.. C'. ',utz i -I- I' ..(.....-~, :r'. ..._. _(Seal) ,8otf0w* rt\;~r 1;,'1 "1 Kut t _ (Seal) -~ ( Seal) .80HOWCt' i SJQn Orlgina' On!)')