<br />I
<br />
<br />faith contest such lien by. or defend against enforcement of such lien in, legal proceedings which in the opinion of
<br />Lender operate to prevent the enforcement of the lien or forfeiture of the Property or any part thereof; or (c) shall
<br />secure from the holder of such Hen an agreement in a form satisfactory to Lender subordinating such lien to this
<br />Security Instrument.
<br />
<br />If Lender determines that all or any part of the Property is subject to a lien which may attain a priority over this
<br />Security Instrument, Lender shall give Borrower a notice identifYing such lien. Borrower shall satisfy such lien or take
<br />one or more of the actions set forth a hove within ten days of the giving of the notice.
<br />
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<br />
<br />C NOTICE
<br />
<br />Uniform Covenant 14 of the Security Instrument is amended to read as follows:
<br />
<br />14. Notlee. Except for any notice required under appliCllble law to be given in another m;;.nner, (a) any notice to
<br />Borrower provided for in this Security Instrument shall he given by delivering it or by mailing it by first class mail to
<br />Borrower at the Property Addrey or at such other address as Borrower may designate by notice to Lender as provided
<br />herein, and (b) any notice to Lender shall be &iven by first class mail to Lender's address stated herein or to such
<br />other address as Lender may designate by notice to Borrower as provided herein. Any notice provided for in this
<br />Security Instrument shall he deemed to have been given to Borrower or Lender when given in the ml\Mer designated
<br />herein.
<br />
<br />D. UNIFORM SECURITY INSTRUMENT: GOVERNING LAW; SEVERABIUTY
<br />
<br />Uniform Covensnt 15 of the Secunty Instrument IS amended to read as follows:
<br />
<br />IS. Uniform SeflIrlty ItlStnunenl; GOleming La..; Senrability. This form of Security Instrument combines uniform
<br />covenants for nalional use and non,uniform covenants with limited variations by jurisdiction to constitute a uniform
<br />security instrument covering real property This Security Instrument shall he governed by Federal law and the law of
<br />the junsd.ction 10 whtdlthe Property lS iocated. In the event that any provision or clause of this Security Instrument
<br />or the Note coniltcls WIth applic..ble law, ,uch confliCt shall not affeCt other provisions of this Security Instrument or
<br />the Note which can he gIven e!fect wllhout the confllCting provision, and to this end the provisions of this Security
<br />Instrument and the Note are declared 10 be severable.
<br />
<br />E. TRANSFER. OF mE PROPERTY OR A Bt:Nt:FlClAL INTERt'ST IN BORROWER
<br />
<br />Uniform Covenant t 7 of rhoe Security Instrument IS amended to r-ead as foHows:
<br />
<br />17. Tumsfer of IRe I'ro\l<<IYor " Beneficial h.."ml in Borrower. If all or any part of the Property or an interest
<br />lhen.in is wld or transferred (or If a henefiClallntere.t in Borrower" sold or transferred and Borrower is not a natural
<br />person 1 Wllhout I~ndet's pnor ..linen consent, Lender may, at Lender's option. dedare all the sums ",cured by this
<br />Se<:urity Instrument to be Imme,llateiy due and payable. However, Ihi. opllon .hall not he exemsed by Lender if
<br />eaerose IS net autbonud by Federal ia..
<br />
<br />If Lender exercises such optIOn to aa;elente, Lender .hall mall Borrower notice of aa:e!eration in accordance with
<br />paraaraph ! 4 hereof Such notice .hall prOVIde a penod of nOt Ie.. than 30 day. from the date the notice IS mailed
<br />wllhin whIch Borrower may pay the .um. decla",d due. If Borrower fail. to pay such sums prior to the expiration of
<br />such penod, Lender may, wuhout funher nulK'C ,or demand 011 Borrower, invoke any remedies permiued by
<br />paragraph I & hereof.
<br />
<br />NOlWlthslandllll a ule or <ransfer, !\,,>ffower Will continue to be obhgated under the Note and this Secunty
<br />In.trument unle>> I.e..der has relused Borrower In wnllnll,
<br />
<br />F. LOAN CHARGES
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<br />If the loan secured by the Sewril)' Instrument is subject to a law which setS maximum loan charaes, and thaI law is
<br />finally interpmed so that the ,"terest or other 10all charaes collected or to be collected in connection with the loan
<br />exceed permllled hmiti. then; (I) any such loan charae shall he ",duced by the amount necessary to reduce the
<br />cbarce to the permitted hmil;..nd (2\ any <ums already wlleeled from Borrower whIch exceeded permilled limits will
<br />be refunded to Borrower. Lender may choose to make this refund by reducing the principal owed under the Nt1te or
<br />by makin,a direct paymel11 to Borrower. If a refund reduces prinCIpal, the reduction will be treated as a partIal
<br />prepayment under the Note.
<br />
<br />III Wrn<_ WHU_, Borrower hu executed this Adjustable Rat" Rider.
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