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<br />I <br /> <br /> <br />83-006796 <br /> <br />be ~ by fedeIal law and law of tbe jud.sdictioo in 1iohich the Property is located. Inthe <br />event. tmt any prov1$1on or cl.suse of the Security Instrlllellt or the !bte cooflicts with applicable <br />law,such calflf.ctsbsU not affect other provisioDsof this SecurityInstruDent or the Note .atI.ch <br />CBI1 be giVen effect w:ttlnlt: the coofUd:1ng provision, and to this end the provisialS of thiS <br />Security~. and the Note aredeclaJ:ed. to be sewrable. <br /> <br />E. TltANSFEROF THE PROPERTY; OR A BENEFICIAL INTEREST IN BORROWER. <br /> <br />lldfoim.Cov&nant 17 of the SeCurity Insl:ruDant islllllEllded to read as follows: <br /> <br />17. ~f8r of the Property or a BeDefidal In~ in Borrower. If all or any part of the <br />J.>ropertyocan intextest . thete:In is. sold or. transferred (or if a beoeficialinterest in. Borrower i:s. <br />sold orl::Ddfen:ed and Borrower is not a .natural person) w1tMut Leoder"s prior writteneoosent:, <br />Iailer 1IIlIY, at Leader" s opticn, declare all the SUlIl secure:l by thl.sSecurity I:ilstruDen~ to be <br />ilIIDedistely due andpa.yahle. 1bIewr, this option shall not be.emrcised byl.enler if elIet'd:se.. is <br />notaut:bor1Zed byFedem1 law. <br /> <br />If Lea:Ier elIIU:Cises such optia1 to acce1etate, l.enIer shall mail Bo~r notice of ,acceleration in <br />accordaa:ewith paragrap, 14 hereof. Such notice shall provide a period of not less than 30 days <br />fn:m the. date the not1oe. is 1IlBiled within 1iohich BorroO;er may pay the . SUDS declan!d due. If Borrower <br />fa1liI to pay such SUIB prior to the expiration of such per:lod, Lender1DBY, without further notice or <br />dsa'ld. in llclm:looer, i1Mlke any l':IlIIBIies pemitted by pnagraph 18 bareof. <br /> <br />~.. a sale or traasfer, Borrower will cootinue to be obl.isated under. tbe Note and this <br />Security Insl:ruDant I.I1l.ess Lea:Ier has relessed Borrower in writing. <br /> <br />F. NO FUTURE. ADVANCES <br /> <br />lbz-lbUo1IIl co-art: 21 of the Security Insl:ruDant ("FUture Advances") is deleted. <br /> <br />G. LOAN CHARGES <br /> <br />If the lOsn secure:l by the Security Insl:ruDant is subject to a law IOlhich setsmax:iDunloan charges, <br />andtbat law is finally 1nI:&pretedso thst the interest or other loan charges oollectedor to be <br />mllectedin CflDIlllCtion with the loan excee:l peml.ttedlimits, then: (1) any such loan cbargeshall <br />be reduced by the _t necessary to reduce the clm:ge. to the permitted l.im:tts; and (2) any SUlIl <br />.w:e.ly collected fn:m Borrower 1iohich eJ<a!E<Ied peml.tted limits will be refunded to Borrower. l.enIer <br />IIIlIY <:Ixlose. to.lIBlOe thl.s refuod by reducing the pr:lncipal 0l00'd under the Note. or by !lIlking a dizect <br />pllYlIEDt to Borrower. If a refuod reduces principal, tbe reductioo will be treated as a partial <br />prepa~ IDler. the Note. <br /> <br />H. LEGISLATION <br /> <br />If, after the date hereof, etI!IctDIent or exp1ratioo of applicable lBws have the effect either of <br />~the{XOVis1a1a oftbe Note, the Security InstruDent or this Adjustable PajlDl!llt Rider (other <br />tiBt this psragtaph H) ooenforoeable aocot'ding to their tetms, or all or any part of tbe SlIIlS secured <br />hereby 1.D:Olle:table, as otb!rwise prorlded in tbe Securitj Inst1:tJDent: and thl.s Adjustable i'a}'ment <br />Rider. ore>f nfminiJohi'1g the valua of Lea:Ier's security, then l.eOOer, at l.enIer's optioo, 1DBY delcan! <br />allSUlll secure:l by the Security Insl:ruDant to be f..-li....'lly due and payable. <br /> <br />IN Wl1HlSS \oftEID', Borrower has executed this Adjustable Paytm!nt Rider. <br /> <br /> <br />,- I _>...-.'--"_....: {..; ,--+-1;')<A..,...:~ <br />T-e rrl c. !;heen <br /> <br />(Seal ) <br />-llorroler <br /> <br />/ 1 J;(ru'l 0 <.~.:.)'\ < <br />{:elani.e S. Sheen <br /> <br />1 ,.. <br />/ <br />j/",L€-1'--.J <br /> <br />(Seal) <br />~r <br /> <br />(Seal) <br />~ <br /> <br /> <br />(Sign 0r1gjm1 Wy) <br /> <br />TMC-005 (q~) (Page 2) <br />(l'klw 11/81) <br />