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I r 83- 006070 faith CO!)test such lien by, or defend against enforcement of such lien in, legalproeeedingswhichinthcopillionof Lender openileto prevent the enforcement of the lienor forfeiture of the Property or any part thereof; or ( c) .snall' secure from the holder of such lien an agreement in a form satisfactory to Lender subordinating such lien.tothis Security.Instrument. If Lender determines that all or any part of the Property is subjecltoa lien which may allaina:priorityo,,;erthis', Security Instrument, Lender shall give Borrower a notice identifying such lien. . BOrrower shall satisfysuchlien'()rtal(e: one of more orihe .actions set forth above within ten days of the gi'ling'orthenotice; C. NOTICE Uniform Covenant 14 of the Security Instrument isamended'to read as follows: 14. Notice. Except for any notice required under applicable law to be given in another manner, (a)anynodc:e'to Borrower provided for in this Security Instrument shall be given by delivering it orbymailingil by firstdass maiH() Borrower at the Property Address o[ al such other address as Borrowermay designate by notice 10 Lender as'provided. . herein, and (b) any notice to Lender shall be given by first class mail to Lender's address staledhereinor10;su~~, other address as Lender may designate by nodce to Borrower as provided herein. AnynotieeprovideiVforin.tlils Securiry Instrument shall be deemed to have been given to Borrower or Lender when given in the manner designated herein. D. UNIFORM SECURITY INSTRUMENT; GOVERNING LAW; SEVERABILITY Uniform Covenant 15 of Ihe Security Instrument is amended to read as follows: 15. Uniform Security Instrument; Governing Law; Severability. This form of Security Instrument combines uniform covenants for national use and non-uniform covenants with limited variations by jurisdiction to constitute a uniform security instrument covering real property. This Security Instrument shall be governed by Federallaw'and,thelaw.of the jurisdiction in which the Property is located. In the event that any provision or clause of this Securiry Instrument or the Note contlicts with applicable law, such contlict shall not affect other provisions of this Security Instrument or the Note which can be given etfect without the confiicting provision, and to this end the provisions of this Security Instrument and the Note are declared to be severable. E. TRANSFER OF THE PROPERTY OR A BENEFICIAL INTEREST IN BORROWER Uniform Covenant 17 of the Security Instrument is amended to read as follows: 17. Transfer of the Property or a Beneficial Interest in Borrower. If all or any part of the Property or an interest therein is sold or transferred (or if a beneficial interest in Borrower is sold or transferred and Borrower is not a natural person) without Lender's prior wriuen consent. Lender may. at Lender's option. declare all the sums secured by this Seetlnry Instrument to be immediately due and payable. However. this option shall not be exercised by Lender if exercise is not authorized by Federal law. If lender exercises such option to accelerate. Lender shall mail Borrower notice of acceleration in accordance Wilh paragraph 14 hereor. Such notice shall provide a period of not less than 30 days from the date the notice is mailcd within which Borrower may pay the sums declared due. If Borrower fails to pay such sums prior to the .~xpiration of such period, lender may, without further notice or demand on Borrower, invoke any remedies permiued by paragraph 18 hereor. Notwithstanding a sale or transfer, Borrower will cominue to be obligated under the Note and this Security Instrument unless Lender has released Borrower in writing. K LOAN CHARGES If the loan secured by the Security Instrument is subject to a law which sets maximum loan charges, and that law is finally interpreted so that the interest or other loan charges collected or to be collected in connection with the loan exceed permitted limits, then: (I) any such loan charge shall be 'educed by the amount necessary to reduce the charge to the permiued limit; and (2) any sums already collected from Borrower which exceeded permitted limits will be refunded to Borrower. Lender may cnoos~ to make this refund by r~ducing the piincipal owed .under the Note or by making a direct payment to Borrower. If a refund reduces principal. Ihe reduction will be treated as a partial prepayment under the Note. IN WITNESS WUUEQF, Borrower has executed this Adjustable Rate Rider. i .,.........!.{I.I..LP...b.~i..i..'.i.::;;;'t.LL..... Kim M. Rasmussen, unmarried ...,...........(Seal) -Borrower .......($oal) ~B()(rower ........($e31) ~9OffOWOf (Slgn ~/g'mtl Only)