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I 83-005802 effecI without the conflicling provision, and 10 this cnd the provisions of this Securily Instrument and Ihe NOle are declared to be scwflIble. r E. TRA!\ISFER OF THE PROPERTY; ASSlJMPI'ION. Unifonn Covenanl 17 of the Security Instrument is amended 10 read as Iollows: 17. Transfer of the Property; Assumption. If all or any pan of Ihe Property or an interest therein is sold or transferred by Borrower without Lender's prior wrillen consent. excluding (a) the creation of a lien or encumbrance subordinate to this Security Instrument which does nol relate to a transfer of rights of occupancy in the property. (b) the creation of a purchase money security interest for household appliances. (c) a transfer by devise. descent or by operation of law upon the death of a joint !<loant or (d) the grant of any leasebold interest of Ihree years or less not containing an option to purcbase,Lender may. al Lender's option, declare all tbe sums secured by this Security Instrument 10 be immediately due and payable, If Lender exercises sucb option to accelerate. Lender shall mail Borrower notice of acceleration in accordance with paragraph 14 hereof. Such DOtice shall provide a period of nolless than 30 days from lhe date tbe DOlice is mailed within whicb Borrower may pay Ihe sums declared due. If Borrower fails to pay such sums prior to the expiration of such period, Lender may, without further notice or demand on Borrower, invoke any remedies permilled by paragraph 18 bereof. Lender may consenl 10 a sale or transfer if II) Borrower causes to be submitted 10 Lender information required by Lender to evaluate tbe transferee as if a new loan were being made 10 the transferee: (2) I.ender reasonably determines thaI Lender's security will not be impaired and that the risk of a breach of any covenant or agreement in tbis Security Instrument is acceptable: (3) interest will be payable on the sums secured by this Security Instrument at a rate acceptable 10 Lender; (4) cbanges in tbe terms of the Note and this Security Instrument required by Lender are made. including, for example, periodic adjustment in Ibe mteresl rate. a different final payment date for the loan, and addition of unpaid interest to principal: and (51 Ibe transferee signs an assumption agreement that is acceptable 10 Lender and tbat obligates the transferee to keep all the promises and agreements made in the No.c and in this Security Ins<rumen:, as modified if required. by Lender. To the extern permitted by applicable law. Lender also may charge a reasonable fee a.... a ((lOdilion to Lemler's consent to a."'l.Y sale or transfer. BOrTOwe-r will continue to be ubligated under the Note and this Security Instrument unless Lender releases Borrower in writing. F. BORROWER'S RIGHT TO REINSTATE Non~Unifonn Covenant It) ,o'Bomlwer's Right to Reinstate"', is amended 10 read as follo",'s: 19. BomtWeor's Right to Reinstate. Notwithstanding Lender's accelcrdtion {If the sums secured by this Security Instrument. Borrower shall have the right tn hav~ any proceedings tx-gun hy Lender h) enforc~ this Security Instrument discominued onJy if applicable law ..0 pnn;idc,\, Any rig.ht to reinstate ~hail bc exercised in the manner required by such law. n. NO F1.JTIJRE ADVANCES Non-Uniform Covenant 21 of [he Secunt) Insfrumc:nt ("Futuft: :\dvan..:cs") j, deleted. H. LOAN CHARGES If the loan se~~ured by the S~cunty In:!otrumc-nr h subled to a law \\'hil.'h sel~ maximum loan charges, and thm law is finally interpreted so that the interest or Olner loan (hargt."" l".'o!kcted l)f to l'\C .;oHel."ted In connc<:tion with the loun exceed permined limits. then: t I) any sUl.i1loan charge ,hall he rniuo:d by the :Ullounl [1et.~essary to reduce- the charge to the permitted limits: and (2) any sum~ aln::ady i..:ollet.'tcd from Bom,~\\cr whf(.h cx....'cetled rerrmtted limits will he refunded to Bom)wer. Lender may cboose to make rhb refund by reduGng the pnnt.:Jp.al owe.d under the Note or t-y makmg fi direct payment to Bomlwer. If a refund reduc-cs pnnt.'lpaL tm: redui.:t1on ....Ill he treated as a paTtiotl pn:,paymem under the Note. I. LEGlSLo\TlON If. after Ute date hefet.~L cfiiKtment ~~r t"x..plr-dunn of applk:ablc jaw~ ha\'( th(' dfc':l eitht:r t,f rendering the provisions of the Note. the Security InstrUment nr thu. Adjustable Ralc R,der fotru:r than Ihi~ paragrJ.ph n uncnfon:cable a.ccording to th~ir lenns. or all or any part of the sums ~(un:d hereby un(ulkctahle, as otherwise provided in the Security Instrument and thishAdjustable Ral~ Rid<-r. or t)f dimimshmg (h~ \'ulUC' ~)f u.~nJ.cr's sc,,'urity. then Lender. at l..cnde-r's option. may declare all sums secu.red b)' the ~~urity Instrumt>nl hJ ~ unmediatdy duc and payable. IN WITNESS WHEREOf. Borro..e. ha, ","",uled thi> AdJu'table Payment Rtder .-<1. ... i/ .... / j ly'#,--.I",AC< ,{_-",.~t::i,:,~."""'...c r" 'C~naro' '(tlar({iol~'~' 'Jr'. (Seal) -Borrower . >",if J.. > .. "Z,< '--"~~ririy'l~ti"r)"frj1;i'," j,C':" . . ';>4.('", ~ ( ,4 (Seal) -8orfOwer (Seal) .8ooower {SIgn Ongilfai Only} L