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<br />r
<br />
<br />e/fect wilbout the conflicting provision. and to this end the provisions of this Security Instrument and the Note are declared
<br />to be _ble,
<br />
<br />E. TRA.~SFER OF TIlE PROPERTY; ASSUMPTION. 83 005985
<br />Uniform Covenant ) 7 of the Security Instrument is amended to read as follows: -. .
<br />
<br />11. Tnmsrer of the Property; Assumption. If all or any pan of the Property or an interest therein is sold or transferred
<br />by Borrower without Lender's prior written consent, excluding (a) the creation of a lien or encumbf3llCe subordinate to this
<br />Security InstrUl1lent which does not relate to a transfer of rights of occupancy in the property. (b) the creation of a purchase
<br />mOney securilY interest for household appliances. (c) a transfer by devi"e, descent or by operation of law upon the death of
<br />a joint tenant or (d) the grant of any leasebold interest of three years or less not containing an option to purchase; Lender
<br />may, at Lenders option. declare all the sums seeured by this Security Instrument to be immediately due and payable.
<br />If Lender exercises such option to accelerate, Lender shall mail Borrower notice of acceleration in accordance with
<br />paragraph 14 hereof Such notice shall provide a perind of Jl{lt less than 30 days from the date the notice is maile,hvithiti
<br />which Borrower may pay the sums deelared due, If Borrower fails to pay such sums prior to the expiration of such period.
<br />Lender may. without further notice or demand on Borrower, invoke any remedies permitted by paragraph I g hereof.
<br />Lender may co"",nt to a sale or transfer if: (I) Bt>rt'Ower causes to he submitted to lender information required by
<br />Lender to evaluate the transferee as if 3 new loan were being made to the trdnsferee: (2) Lender reasonably determhre:s that
<br />lender s security will not he impaired and that the risk of a breach of any covenant or agreement in this Security Instrument
<br />is aceqnahle; (3) interest will he payable on the sums secured by this Security Instrument at a rate acceptable to lender;
<br />(4) changes in the tenTl.s of tbe Note and this Security Instrument required by lender are made. including. for example,
<br />periodic adju.<;tment in the interest rate, a different tinal payment date for tbe I('an, and addition of unpaid interest to principal;
<br />and (5) the transferee sigas an assumption agreemenl that is acreptable to Lender and that ohUgates the transferee to ::eep
<br />all the promi",,. and agreements made in the Note and in this Security In.trumenl, as modified if required by lende.r,]b the
<br />eXlent pennined by applicable law, lender also may c'harge a reas"nable fee as a ."nditi"n to Lender's consent to any sale
<br />or transfer,
<br />Borrower wHl CQntlnue to be ob-hgated under tbe Note and thiS SC1:urity Instrument unle-ss Lender releases Borrower
<br />in writing.
<br />
<br />E BORROWER'S RIGIIT TO RF.L"iSTATE
<br />Non-Uniform Covenant 19 ("8\JITtl\\'er"s Right tn Relnstate".l is amended h~ n..~ad as follows:
<br />
<br />19. Bonowe..'. IUgbt to Reinstate. ~ot""lIhSlanding Lender's .reeler.tam of Ihe sums SC\:ured by this Security
<br />In!\trument. Btnn,WCt ,h311 haw the ngbt I" have any pr"ceedings hegun by Lender In enforce this S<>curilY Instrument
<br />diK"Xlntnmw only if applicahle law M:l pnwtde~ Any ri~ht 10 reinst<lIC shall be ~;H~n'ls(,.'_d in the mnnner required by such
<br />law,
<br />
<br />G. NO nm:RE AOv.4J1in:s
<br />Non.-Uniform Cove-rum, 21 of the' SCCilfll)' In~tnunC1'H {UFutUff Ad\'llm.:cs", i:-. deleted.
<br />
<br />II, WAN CHARGES
<br />If the loon ",-",ured by tbe Se.:unty In'tronk'nl " ,ubJ"ct to a law whIch sets nUtximum loan charges, and that law is finally
<br />intel'pf'eted so that the late-rest (If other h:-.an ,-harge'" ..:o!lcl:tcd nr b) he 'olJi.~b.~ 10 I..'OnIlL'Cltun wtth the loan exceed permitted
<br />lunit., then: (1) Wly suth IOWl dlllllle ,hall be "'\!,,,..e\1 hy the amount """"""ary tn reduce Ihe <'harge to the pennitk'tllimits:
<br />and (2) any 5Uml'Jo already l.:oUn:1rd from &-)ffUWtT 'Wtw.:h (:"~ct;'e\k.'i1 penl1l11eU limlb will be refundtXI to Borrower. Lender
<br />may l.:booM: to ma:ke this refund by re.dili.::mg the rflfi(:'pdi t.l\lr'ed undL'r !.he Note or by makmg a dirct.'t payment 10 Borrower,
<br />If a refund redoce~ prt~ipiU. 1M r(,hh:uun Wilt tx: t.ttattXi 3;li a parthd prc_pa) ment untkr the Note.
<br />
<br />I. u''GISLATlON
<br />
<br />If. after tbe d,"" bereof. e""'tm,,," '" e\(>Irat"'" ,.1 apph.:ahl< law, lIa", tilt. "lle"t ellher of rendering lhe provisions of the
<br />Not". the SecUl1IY Insttunk'lll or tlll' Au!,,'tabk Rare RIder wthet than thIS paragraph II unenforceable acc'ording 10 their
<br />~cnns. or aU Of any part of the sum~ se~ul~d hereby urk.'ollcctahlc:, as ottw~'i~ provided in the Sc('urity Instrument and this
<br />Ad.lUOlJlbk Rate Rider. or of dlminishmg the value ,,[ Lcnder's secunty, then Lender. at Lende, 's option, may <It.'clare all
<br />sum. ;a;ured by the Se.:urity Insttument tn be Ilt\lllc;dunely due and payable,
<br />
<br />IN Wn'NESS WHEREOf. Btlff1Jwcr II.. e\e,'ult'\! this AUJustable PaYlll<..nt R,der,
<br />
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<br />
<br />(Sea))
<br />,Borrower
<br />
<br />
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<br />
<br />(Seal)
<br />,Borrower
<br />
<br />I Sean
<br />-8otrower
<br />
<br />(SIgn Original Only)
<br />
<br />
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