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D. UNIFORM SECURITY INSTRUMENT; GOVERNING LAW; SEVERABIUTY Uniform Covenant 15 of the Security !~_tr'tiplent is amended to read as follows: 15. Unlf_S....rity I_I; GOV.miDR Law; Se....billty. 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 ,hall be Roverned by Federal law and the law of the jurisdiction in which the Propeny is located. In tbeevent tbatany provision or clause of this Security Instrument or the Note- conflicts with applicable law, such contlict shall not affect other- provisions of this Security Instru.ment or the Note which can be given effect without the conflicting provision, and to this end the provisions of this Security Instrument and the Note are declared to be severable. K TRANSFER OF THE PROPERTY OR A BENEFICIAL INTEREST IN BORROWER Uniform Covenant 17 of the Security Instrument is amended to read as follows: 17. Traasferor I"" Property or a IIe8efldallnt_ln Borrower. If all or any part of the Property or an interest thereini. sold ottransferred (or if a beneficial interest in Borrower is soJd or transferred and Borrower is not a natural person) without Lender's prior written consent, Lender may, at Lender's option, declare all the sums secured by this Security 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 with paragraph 14 hereof. Such notice shall provide a period of not less than 30 days from the date the notice is mailed within which Borrower may pay the sums declared due. 'If Borrower fails to pay such sums. prior to the ex.piration of such period. Lender may, without further notice or demanci. on Borrower, invoke-any remedies permitted by paragraph 18 hereof. N-otwilh.~ta.nding a sale or transfer. Borrower will cominue IO be obligated under the Note and this Security Instrument unless Lender -has rdeased Borrower in writing. t'. LOAN CHARGES If the loan secured by the Security Jns.trument is subject to a law which sets maximum loan charges, and that Jaw is finally interpreted so that the interest or other Joan charges collected or to be coHeeted in connection with the loan exceed permitted limits~ then: (1) any'such loan charge shall be reduced by (he amount necessary to reduce the charge to the permitted limit; and (2) any sums already coUected from Borrower which exceeded permitted limits will be rdunded to Borrower. Lender may choose (0 make this refund by reducing the principal owed under the Note or by making a dirm payment ;0 Borrower. If a refund reduces. principal, the r~duct!on will be treated as a partial prepayment w-..der theNotc-. IN WITNF.5S WHEREOf" Borro..... baHucuted litis Adjustable Rale Rid.... ," , r.."_~"\._"".-:':"-"". " /1 '/..(:(,.f;'/ BORROWER (Seal) Daniel q ~.~ronk - ",' , ... /0 /')/ ;.t6 '1"~7'/ //, \>.!'07: V.lei-'r,. C.ronk . BORROWER (Seal) BORROWER (SIGN ORIGINAL ONLY) (Seal) '-.-'" ."" I,"' {-) CO ,." '- '. '" W ii' t ~ .~J = r-n ,-, '" r~ e""~ ,~ ~ r f' ~ ~f i~.- ..~i~ ~ l ~iW! I: i "I P I"' :. If !t ~ <n <..n {j'; yo") \- ,.'-., '~ / ~ H?.~w~f~di?r;lt; ,.n %~O'f '-~,;..~"<'- "-",., -(:"6''''0 f--- .~'''-