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<br />I" <br /> <br />83- OCH12!17 <br /> <br />be governed by federal law and law of the jurisdictioo in mich the Property is located. In the <br />eIIBlt thit any provision or clause of the Security InstnIlEnt or the Iibte conflicts with applicable <br />law, such. conflict shalloot affect other provisions of this Security InstnIlEnt or the .libte mich <br />can be giwn effect witm..t the conflicting provision, and to this end the provisions of this <br />Security Inst:rI.m!nt and the Iibte are declared to be severable. <br /> <br />E. TRANSFER OF THE PROPERTY; OR A BENEFICIAL INTEREST IN BORROWER. <br /> <br />Unifom Cowoant 17 of the Security Instr\Jnent is aneoded to read as follows: <br /> <br />17. Tralsfer of the Property or a Beneficial Interest in 1lorI:'oIer. If all or any part of the <br />Property or an inteJ:eSt: there:In is sold or transferred (or if a beneficial interest in BOrror.ieris <br />sa1d or transferred and BorrCW!r is rot a natural person) witm..t Lender~spIior written eOOSE!l1t, <br />Iemer may, at Lerlder's optioo, declare all the suns secured by this SecurityIastrlmant to be <br />:ImDecliately due and payable. IkJwever, this option shall not be e>ercisedby lender if e>erd.se is <br />rot autlDrized by Federal law. <br /> <br />If Lender ezereises such optien to accelerate, Lender shall mail Bo~ notice of acce1eration in <br />accordan:e with paragraph 14 hereof. Such notic!o shall provide a period of rot less t1mr 30 days <br />iran the date the notice is mailed within ltiich Bon'OiO!!rmay pay the suns declared dUe. Ifllorl:'oler <br />fails to pay such suns prior to the expiration of such period, Lender may, without: further ooticeor <br />demand en 1lorI:'oIer, invoice any reuedies permitted by paragraph 18 hereof. <br /> <br />IibtwithstaMing a sale or transfer, Borrcooer will continue to be obligpted UDder the Note and this <br />Security Instnmmt m1ess Lerlder has released Borrower in writing. <br /> <br />F. NO FUTURE ADVANCES <br /> <br />Iibn-Unifonn Cowoant 21 of the Security Instnmmt (''FUture Advances") is deleted. <br /> <br />G. LOAN CHARGES <br /> <br />If the loan secured by the Security Instnmmt is subject to a law..w.ch sets 1Jl!llCiam loan charges, <br />and tlat law is f:lnal.ly interpreted so that the interest or other loan charges collected or to be <br />collected in camection with the loan exceed permitted limits, then: (1) any such loan charge shall <br />be reduced by the BlllJWt necessary to reduce the charge to the pemdtted limits; and. (2) any SIIIIS <br />already collected frcm Borro<ol& mich exceeded permitted limits will be refunded to Bon'OiO!!r. Iemer <br />may cb:lose to IIBke this reflDi by reducing the principal o<ied uoder the Iibte or by UIIking a direct <br />paymeot to BoJ:rOier. If a refund redu::es principal, the reduction will be treated as a partial <br />prepaymeot wder the Iibte. <br /> <br />H. LEGISLATION <br /> <br />If, after the date hP.reof, enactment or expiration of applicable laws have the effect either of <br />~ the JrOVisials of the Iibte, the Security InsttuJeJ.t or this Adjustable Pa}llllE!llt Rider (other <br />thin this patagra!b H) ooenforceable accorciliJg to their teDllS, or all or any part of the SUIS. secured <br />hereby lI11Collectable, as otherwise provided in the Security Instnment and this Adjustable Pa}llllE!llt <br />Rider, or of <ilminisbing the value of Lender's security, then Lender, at Lerlder's option, may de1care <br />all suns secured by the Security InsttuJeJ.t t:<> be :lmJeliate1y due and payable. <br /> <br />IN WI:lNlSS WlIlIIDlF, Borro<oer has executed this Adjustable Pa}llllellt Rider. <br /> <br />Jj .)~ <br />;') . ;:,., <br />;(0. z: ,J . <br /> <br />Ronald L sCl(.lltz <br /> <br />(--~'\ In. \k~\ q~' ) <br />\ 1 i' ~~, - '." ,J \ <br />" 1,'(,/\ I ~\--. '':; I ,\ L~'_ {J j <br />J)Q1othy K. Schul <br /> <br />(Seal) <br />-Bon'OiO!!r <br /> <br />(Seal) <br />-Borrower <br /> <br />(Seal) <br />-Borrowar <br /> <br />(Sign Original Wy) <br /> <br />~ <br /> <br />THC-OOS (qc) (Page 2) <br />(New 11/83) <br />