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<br />effect wilhoutthe conflicting provision. and to this end the provisions of this Security Instrument and the Note are declared
<br />to be severabl~.
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<br />E. TRANSFER OF THE PROPERTY: ASSUMPTION.
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<br />Uniform Covenant 17 of the Security Instrument is amended to read as follows:
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<br />17. 1i'ansfer oCtile Properly; Assumption. If all or any part of the Property or an interest therein is sold or transferred
<br />by Borrower without Lender's prior written consent, excluding (al the creation of a lien or encumbrance subordinate to this
<br />Sc<,urity Instnnnent which does oot relate to a transfer of rigbt> of occupancy in the property. (b) the creation ofa pun:hase
<br />money securiry inlerest for bousebold appliances. (c) a transfer by devise. descent or by operation of law upon the death of
<br />a joint tenant or (d) the grant of any leasehold interest of three years or less not containing an option to purchase. Lender
<br />may. at Lender's option. declare all the sums secured by this Security Instrument to be immediately due and payable,
<br />If Lender exerciSC$ such option to a,'<.'elerate. Lender shall mail Bom)wer notiee of acceleration in accordance with
<br />paragraph 14 hereof. Such ootice shall provide a period of not less than 30 days from the date the notice is mailed within
<br />which Borrower may pay the sums declared due. If Borrower fails 10 pay such sums prior to lhe expiralion of such period.
<br />Lender may. wilhout further nollce or demand ,m Bom.wer. invoke any remedie.s permitted by paragraph 18 hereof.
<br />Lender may consent to a sale (" transfer if: (I) B(.rrower causes to be submitted to Lender information required by
<br />Lender to evaluate the transleree as if. new loan were being made to the transferee; (2\ Lender re1lSOnably determines that
<br />Lender's ",,"urity will nm be impaired and Ihal the risk or a breach 01 any covenanl or agreement in tbis Securily Instrument
<br />is acceptable; ;31 interest wi!! he payable on the sums secured by this Security Instrument at a rate acceptable to Lender.
<br />(4) chang<'s in the terms or the Note and thIS Securiry Instrument required by Lender are made. including. for e~ample.
<br />penudic adJUSl~f\l III lhe '"tereS! tale. a dilferent tinal payment dale for lhe loan, and addition of unpaid interostto principal:
<br />and (5) the transferee "gns an assumption agreement th.t " acceptable to Lender and that obligates the transferee 10 keep
<br />all the promise, and agn..,ments made 10 ,he ,",ole ,md III tblS Sccunt, Instrument, ..s modtfied if requin'll by Lender, 10 the
<br />t:'X,tent pemuttrd ~)' apphcabk law. Lender 3IS~J may Chargl' a n.'asonabk fce a.... a condition to Lender's ,'onsent to any sale
<br />or transfer.
<br />Bonnwef wtB i:,-OnllnUc 10' ~ nhhgalcd under the Nou' :md thl~ Se..:urity InMmmem unless Lender releases Borrower
<br />in ",ntin1!
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<br />E 1l0RROWI':R'S RlmlT TO RU""STAIT
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<br />St.m.L7mfnrm C,)\'cnant jq i "Runuv.-e-r'", Rl~ht 10 Rrms.t.ttH:' 'j t~ arnc:ndl'1i h) f".:'ad oil:'. t'nllow!i;'
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<br />19. 1k.ll""lWft"S RiJbt to Rflnstat.. ~Of~ llhstarn.hng Lender.... iH,:\..'deration (.f the- '!.um'S St::cured by this Security
<br />Instrument. &)ml~ct ",-hall h.d\'c ,-ht.~ nght !n h,J\'(' .tIn rn~'Ct"d1flg~ be:!1'un hy L,,'nt.kr (t,1 enfofrc this Se~urity Ins.truul('nt
<br />dlM.'t:miinued ~;nl) If dppilcatlk Li'lAo ""I pn1\hk.,. An~ n~tH to !;;:-'m~t.atC' ....hail hc t.-\!.'n.I~d in the manner required by surh
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<br />G. '110 JoTTt"Rt: ""J)\,,~Ct:...
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<br />Non-t~llltonn Co'\-enant =1 ,'It the s.1."t.UHt\ in\{fulucm i --hnuft.' AJ\drk'(" '1 I' \kklt"d
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<br />U. LOA!'Ii CUARGJo:S
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<br />if ttx.' i..~n ~l.:U:rcd h~- lhe St~~UfU} inMTUH\clH i'- '"tlPlt'~'f ~\l d Lot.... '-'hh.:h 'ch fH..\ItHUm h,l;JU ,"haJ~~:S-. and that law is finally
<br />lOh~fl-tttcd M,l tNn the nlt('~'5t _:oJ ~'4tlef h~an \:h-i1r~c~ u1Ue...h.'d Hf tn foe ...nfh,'dnl Ifl nmnel.'tlolt wuh the loan ex.ceed pc-nnitted
<br />hnm~. t!len- !.! ~ an~ '!o.tA:h li},(tU ...t'-t-afJc ~haH bot- tcdu"cti h! lt~ ;.iH\t.)unl flt.~..'<-"\."",u~ h} f't'"-d\k:'e th<' \.hargt" hl th< pt"nnltted hmlts:
<br />and ell iUl~ ...um~ a.in.~~~ ~'{Jik..:{Cu tH'{fl Etifr\iW<_f ~tHdl ~\i.."i.'('ocd J-'Jt~rmltlt"d Imnb ~di x refunded hl Bomlwer. l..e-nder
<br />ma~- ,-.-bt:l(~ tu lnU-t: (hh n:hmd b)c -n:du,.m-~ tht- pntl>i'-~;ia-l t'\i,('J ~.Hkk'r the ~~lk ..~f P-~ mntfi~.s. dlred pa)'fflt"nt In Bnn'OlNcr.
<br />It a ~{und fCJtke~ piIOU~l<iL the a_':tiu\' tmll ~ dl r< i[cah;'J .i" :i p.-UH4! ~'f("f\''*~ lJl('tU unJcr the: Nute
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<br />I. U:GISLAl'ION
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<br />If. aJtt':r [he tUtt' hcreuf. ;,'n~Ulft;'nt pf t:'\.pll'ahPu d- .ivp!a.1t'>h: ia\lrl'i h.1.\t: the..' cttt't:( cttller \,j I\:'n.dcnng the phH-I~iun.s t,f the
<br />Note. the So.,-unfl In"llrumcflt ~\f iJU:-- Adju~I-.l-h-k ;\.th:: RH,kr ,.'locr th-iiu th,.. l'M<t#:I.1Iph f, uflt."nloc\"t.'dbk a..:\:urding to the,r
<br />lCftlb. l,~ all .J{ an)' part (llll"tc ~.um~ ~(ure-J r-n:'Il:-h\ !.mH-,Hc-\.LJ.~k. ;t"'- \.~h(,f.-i~ prp'dJt~d In the Se-~U!\ty Instrument ami thls
<br />AdJ'U~ Rate Rit.k-C. I'll l\t' dUlm\nJIHl~ the \.IhJC dt L(.fkit.~r -, x,-unt~, lhc;u L.t~nJeL at Lt,:nJ\;,T's opHon, may declare all
<br />~um:\ ~'Urt'\J h) the Son'unl) In'!JN.ul<"nt h,l be l!T\mc:\ilald~ JU('" J.fiJ p4).1o-k'
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<br />IN WITNESS WIIERHJI-. B,'m."u h., ",,'o"e;! Ih"..A<lp".t>k Pa}"'''I\! R,d>" Failfley Avenue lilllited
<br />. .../~ Partnership, By: G & K
<br />/:,."';;': ,.'.;"/' "..;;;... /.'.h"~ Investllent Partnership
<br />L..l;;('.t'<;u~.. ~~~,.~~ ".:.;!".~~~'_. ..,.~~.~ (Sc~)
<br />'U.lt.L~ ". ;.'t.1~e;.b .8orrowel
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