83005846 - Laserfiche WebLink

Browse

I Q~':;' lJu5846 r faith contest such lien by, or defend against enforcement of such lien in, legal proceedings which in the opinion of Lender'opmlle <<> ptevent ihe,enforeemenlof Ihidien or forfeitUre of lbe Property or any part Ihereot; or( c }shaU' secure from the holder of such lien an agree'nem in a form satisfactory to Lender subordinaling such Iienlolhi.s Security Instrument. If Lender determines thai all or any part of the 'Property is subjecllo a lien which mayallainapriorityovenhis Security Instrumenl. Lender shall give Borrower a notice identifYing such lien. Borrower shall satisrysuch ilenortake one or more of the actions set forth above wilhin len days of the giving of the notice, C. NOTICE Uniform Covenant 14 of the Security Inslrument is amended to read as follows: 14. Notice. Except for any notice required under appiicable law 10 be given in anolher manner, (a) any notice to Borrower provided for in Ihis Security Instrumenl shall be given by delivering it or by mailing it by first class mail to Borrower at Ihe Property Address or at such other addres.. as Borrower may designate by notice to Lender as provided herein, and (b) any nOlice to Lender shall be given by first dass mail to Lender's address stated herein OrlO such other address as Lender may designate by notice to Borrower as pro,~ded herein. Any notice provided for in Ihis Security Instrument shall be deemed to have been given 10 Borrower or Lender when given in Ibe manner designated herein. D. UNIFORM SECURITY INSTRUMENT; GOVERNING LAW; SEVERABIUTY Umform Covenant IS of .he Secunty Instrument is amended to read as follows: IS. Unir_ Security Instrument; Go.erni... Law; Seyer.bilily. This form of Security Instrumenl combines uniform covenanlS for national use and non'uniform covenants with limited variations by jurisdiction 10 constitute a uniform securily instrument covering n:al property, This Securi.y Ins.rumenl shall be governed by Federal law and the law of the juris4iction in which the Propeny is located. In .he event.hat any provision or clause of this Securi.y Instrument or Ihe Note <.xtnlliClS with applicable law. such conllia shall not affect other pt<wisions of this Security Instrument or the Note which can be given elfect without .he oonlliClir~ provision, and to this end the provisions of this Security lnstrum!!llt and the Note ~re declared to he severable. E. TRAN~nR OF THE PROPERTY OR A BENEFICIAL INTEREST IN BORROWER Un.form (''''""nam ! 7 of ,he Seeunty InsmHnent is amended to read as follows: 17. Transfer of the Property Of a Beneficiallnlerest in Borro..er. If all or any part of Ihe Property or an inlerest therein is sold or transfetred (or ,f. benelkial inleres! in Bnrrower is sold or "all,ferred and Borrower is not a natural person) withoul Lender's prior written ..:on'em. Lt:nder may. at Lender's ('puon. declare all the sums secured by this SecurilY Instrument 10 be lmmedullely due .nd payable. However. this opllon shall not be exercised by Lender if exercise is nol authorized by Federal law, If Lender eltercl$CS such op,ion 10 accelera", Lender shall mail Borrower nOlke of a,,,,elerauon in acwrdance with parallrapn ! 4 hereof. Such nOllee shall pro"Ill<: a period of nOI less than 30 days from Ihe date Ihe notice is mailed w.thln which Bor.....wer may pay the sums dedared due, Ifllorrower f;l1ls 10 pay such sums prior to the.e~piration of such ~!iod, Lender may, without funher notice or demand on Borrower. invoke any remedies permiued by paraleapt! 18 hereol: NOtwlfhSlandina a sale or .ransfer, Borrower will conlinue to be obligated under Ihe Note and this Security Inslrumentunless Lender has released Borrower m wrillng. F. LOAN CHARCES I(tbe 10!Ul secured by the SeeuOly Inslt'Ument is subject '0 a law wh.ch sets maximum loan charges. and that law is !insily interpreted so that Ihe inletC$1 or other loan charges oollecled or to be collected in connection wilh the loan exceed. permitted limits, then: (II any such loan charge shall be reduced by ,he amount necessary to reduce the charllClO lhepennifled limit: and (2) any sums already oollected from Borrower which exceeded permilled limits will be n:funded 10.Bom>>wer, Lender may choose to make this refund by reducina the principal owed 'under the Note or by making a.dile<< 'paym_ 10 Borrower. If 3. refund reduces principal, the reduction will be lreated as a partial rr-~yment ullderthe. No1e. 'l'l Wmtaa W1lt:a_. Borrower hu exewled lhis Adjuslable Rate Rider. Of1l7 . ./ / (J ..':"...~~...?.~...~0#~~,. Wi 1~'" L, klerner .....&~~l,\AXu.J. ..4Je!uu/\.-c.:... RO!Hi!mary lJJernef ... .."........(Seal) ..Borrower .......( Seal) .- ..... .... ,...., "'0. ~ to<W , .......( Seal) -OOrtO.... (SIg" OrIlJkutI 0rtIy}