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<br />I <br /> <br />83_ no 5836 <br /> <br /> <br />faithwnteSt we!! lien by, or defend againstenfom:ment of such lien in, legal proceedings wljieh in the opinion of . <br />Lender oper..te lOprevent theenforcernellt of the lienor forfeiture ofthe Propeny or any pan thereof; odC)sh~lr <br />seeure from the holder of such lien an agreement in a form satisfactory to Lender subordinatingsucb lien to this <br />Security InslPlmenl. <br /> <br />If Lendenletellllinesthat aUor any part of the Pl1:'Ilel'tyis subject toa lienwhichmayatta1naprioritYEl'l&;~': <br />Security Ittstr'Jment, Lender shall give Borrower a noti"" identifying such lien. Borrower shall satisfy suchlienOl'take. <br />OllC or more of the actions set forth above within ten days of the giving of the nntice. . <br /> <br />C NOTICE <br /> <br />Uniform Covenant 14 of the SecurilY Instrument is amended to read as follows: <br /> <br />14. Notlee. Except for any notice required under applicable law to be given in another manner, {a) any noliceto <br />Borrower provided for in Ihis Security Instrument shall be given by delivering il or by mailing it by first class maillo <br />Borrower at the Property Address or at such other address as Borrower may designate by noti"".lo Lender as provided <br />herein. and (II) any nOlice to Lender shall be given by first class mail to Lender's addres4 stated herein or to such <br />other addreu as Lender may designate by notice to Borrower as provided herein. Any notice provided f6r in this <br />Security Instrument shall he deemed to have been given 10 Borrower or Lender when given!n the manner designated <br />herem. <br /> <br />D. UNifORM SECURITY INSTRlll\n:NT; GOVERNING LAW; SEVERABILITY <br /> <br />Umform Covenant 15 of the Secunty Instrument is amended to read as follows: <br /> <br />IS. llnll'ornt Security Instrumeal; Go"erning I",..; Se1-erability. This form of Serun!)' Instrument combinC$ uniform <br />covenants for national use and oon.umform covenants with limited varialions by jurisdiction to constitute a uniform <br />securilY InSlrument revering real property. Thi. Security Inslrument shall be governed by Federal law and the law of <br />the Jurisdiction in which the Property is located. In the event Ihat any provision or clause of this Security Instrument <br />or the Note confiiCl$ wt!h applicable law, such conftict shall not affect other prOVlStons of this Security Instrumem or <br />the Note which can be given e!feet "'lInout the conllictlr ~ provision. and to th,s end the provisions of this Security <br />Instrument and the N"le are deaared to be severable. <br /> <br />FA TRANSFER OF THE PROPERTY OR A 3ENEFlClAL INTEREST IN BORROWER <br /> <br />vnt/orm Covenant 17 of the Se..'Ul1ty Instrument" amended to read as follows: <br /> <br />11. Tnasfer of the !>roperty or a 8etwl.lkialllttercst lit Borro_r. If aU or any pan of the Propeny or an interest <br />therein is sold or ltansfemd (or if a be~eilcial 'nterest in Borrower is sold or transferred and Borrower is not a natural <br />person) without Lender's prior ",rillell consem. Lender m..y. al Lender's option, declare alllhe sums secured by this <br />Security I_rument t" be immediately due ~nd payable. However, th,s option shall Ml be exercised by Lender if <br />exercise is net authorized by Federal law. <br /> <br />If Lender exelClSCS &nclI option to a=lefl1te. Lender shall mail Borrower nmice of a.x:eleration in acoordance with <br />paralraph 14 hereof. Such MlIee shall proVIde a period of notles. than 30 days from the date the notice is mailed <br />wtlbin which Borrower may pay the sums declared due. If Borrower faib to pay such sums prior to the e;,;piration of <br />such pemxl. Lender may. WIthout funher notice or demand on Borrower, Invoke any remedies Permilled by <br />para:nPh 18 hereof, <br /> <br />Notwithsl&l\wnc a ..le or transfer, Borrower will conllnue to be obligated under Ihe Note and this Security <br />Instrumenl unleft Lender b... released Botrower in wrinng. <br /> <br />F. LO>>f CHARGES <br /> <br />If the hJlln secured by the Security Instfllmem is subject to a law which sets maximum loan charges, and Ihat law is <br />finally inu:rprelell so tllat the imerest or otber loan charges collected or to be collecled in conneclion wilh the loan <br />e~ permitted lim,ts. then: (I) any .uch loan charge shall be reduced by the amount necessary to reduce the <br />cItat:e to the petmitted limit: and (1) any sums already collected from Borrower which e~ceeded permiued limits will <br />be~ndcd to Borrower. Lender mayc!loose to make this refund by reducing the principal o....ed .under the Note or <br />by mllkina a di~ paymllfll to Botl'O\Yer. If a refund redll(:eSprincipal. the reduction will be treated as a panial <br />prepayment under tIIo Not~ <br /> <br />Il'I \V__ WH~, Bot_r has ..Jlccutcd this Adjustable Rale RId..r. <br /> <br />~...\:...........~...~;.........................t. <br />..... <br />1'0 <br />W. <br /> <br />I ._~ /J .// ",1-/ <br />....I;;.:::::g!::,,,...,,.....0:~...:.&:.&~.:...... .... <br />DaV.!d~A. \I eel< /, <br />...,..... ". ... ... '(t'~ili<ltb. <br />Kathie., \hlCel< <br /> <br />........(Seal) <br />.8off_ <br /> <br />......(5.&1} <br />~8oftO'*Of <br /> <br />../ Seal1 <br />.OWf~ <br />i Sign Or4l1n.' o."r} <br />