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r 83-005922 effect without the conflicting provision, and 10 this end the provisions of !his Security Instrument and the Note are declared 10 be severable. E. TRANSFEIl OF11IE PROPEKrY;ASSUMFIlON. Uniform Covenant 17 of the Security Instrument is amended 10 read as follows: 17. 'li1msfer or lfie Property; Assumption. If an or any part of the Property or an interest therein isS()ldor ttanSf~ by Borrower without Lentkr"s prior written consent, excluding (a) the creation ofa lien or encumbrance sUbordi.tothis Security Instnllnent which doesnol relale to a transfer of rights of occupancy in the property, (b) the creationof.pllreha.se mOney security in_t for household l\PplillllCes. (c). transfer by devise,descenlorbyoperlltion of l:iw Upll1lthedealhof .joint_or (d) the grant of any leasehold interest of three years or less nol contaioingan oplion 10 purchase,Under may,_ Lender's option, decl.re all the sums_wed by this SecurilY Instrument lobe irntnediatelydueand payable. If Lender exercises such option to accelerate, l",nder shall mail Borrower notice of acceleration in accordancewitb paragraph 14 hereof. Such notice shall provide a period of nolless than 30 days from lhe dale tllenOliceisrnailedwithiil which Borrower may pay lhe sums declared due, If Borrower fails to pay such sums prior to Iheexpiration'ofsuch period, l.Lmder may, withoul further notice or demand on Borrower, invoke any remedies permitted by paragraph .18 hereof. Lender may <consent 10 a sale or transfer if: (I) BolTOwer causes to be submitted 10 Lender information required by Lender 10 evaluate the transferee as if a new 10lUl were being made 10 the transferee; (1) Lender reasqnably delertnines thaI Lender's security will 001 be impaired and that the risk of a breach of any covenant or agreement in !his Security InstrUlllent i. acceptable; (3) inlerest will be payable on the stuns secured by this Security Instrument at a rate acceptable 10 Lender; (4) changes in the terms of the NOle and this Security Instrument required by Lender are made, including; for example, periodic adjustment in the interest rate, . different final payment dale for the loan, and addition of unpaid interest'lo principal; and (5) the transferee signs an assumption agreemenl that is acceptable to Lender and that obligates the transferee w'keep all the promises and agreements made in lhe Note and in Ihis Security Instroment. as modified if required hy Lende'.l. 10 the extent permitted by applicable Ia..... Lemler also may charge a reawnable fee as a condition to Lender's consent W any sale or tnmsfer. Borrower will continue to be obligated uoder the Note and this Security Instrumem unless Lender releases BOlTOwer in writing. It BORROWER'S RIGHT TO REINSTATE Non-Uniform Covenant 19 ("BolTower's Right to ReiD5tate") i. amended to read as follows: 19. l!oITo..er's Riehl to Rei_tr. Notwithstanding Lender's ""celeration of lhe sums secured by this Security InstnIm<:llt. Borrower shall have the right 10 have any pt\'JCeedings begun by Lender to enforce Ihis Security Instroment discontinued only if applicable law so pn>\'Ide.. ,\ny nght to reinstate shall be exercised in lhe manner required by such law. G. NO FtrrtiRE AOVANn:s Non-Unif.".m Covenant 21 oj the Se<:umy In.trument ("Future Advances"I IS deleled. H. LOAN CHARGES If the loan _-..red by the Se<:urity hc,trnrnem is .ubp't 10 a law which scL< ma1.imum loan charges. and thaI law is finally UlteqJfeted >0 thallhe tnterc>l "r other ioan charge. collected or to be collccted in connection with the loan exceed permitted limit>. !hen; (I) my such lo"n cllltl)!e shall be reduced by the amount necc"-\3ty to reduce the charge to the permitted limits: and (2) any >urns aheady coik<'ted from Ik'ln,wcr which e.ceedcd permitted limits will be refunded to Borrower. Lender m"y c~ to nuke th.. refund by reducing the pnn<:ipal o....ed uoder the Note or hy making a direct payment 10 BOlTower. If a refund rcdu.-.. principal. the reduction will be treated as a parllal prepaymem under the Note I. LEGISLATION If, after the. date hereof. <na.:tment or <\PWdlK.'ll of applicable laws have the effect either <If rendering the provisions of the Note. the ~....nty Instrument Of rhlS Adjustable Rate Rido:r. Wthef than Ibis paragraph I) unenforceable according to their tenno, or all or any part <,f the >Urn> ..,;ored hen:by Ull<:oll<Ctable. a. ,)therwi"" provided in the Security Instrument and thi. Adju>tableRalC Ruler. Of of dimimslling the val"" of Lemler;' securi.y. then Lender, .1 Leoder's option, may declare all sums ~ by !he S<<uril)' Illlilroment t" be lfimlCdiately due and payabl<. LI\I WITNESS WHEREOf. BOlTOwer hIlS exe<:uted this AdjusIllble Payment Rider. ?)'~l'A tl~,~. . ./ ~~. qv-.. . '.-(:5 ~;.j8dc:;. Jr. /".. (Seal) ,Borrower (Seall .Borrower (Seal) ,Ilortower (Sign Original Only)