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<br />r <br /> <br />E. TRANSFER OF PROPERTY; ASSUMPTION <br /> <br />84'--; 00z2M <br /> <br />The follov1ng Paragraph 24 ia hereby adopted: <br /> <br />24. Tranafer of Property; Aaauaption. <br /> <br />Notwitbatanding the pronaiona of Paragrapb 17 hereof, Lender ahall W.t.V8 ita <br />option to .eeelerate under Paragraph 17 if (1) prior to .uch ..leor tr~rf <br />Borrower notifiea Lender of the proposed tranaaction HIla... tbat 1......;':1.,. <br />given any info~tion it ..y reque.t in order to ev.luate thepealo.':t'O:"~1e: <br />tbe Property is being aold or tranaferred, (2) Lender det'e~_..tll1.t.:,~? <br />di.cretion, that a...-ption of the loan by the propoM.:'~'''''''fi' <br />tr.naferree will _et standard. of crecU.tvorthine.. and aacurlt1'" <br />accept.ble to it, which st.nd.rd. aball, i1lllofar .a .., _puett <br />a_ underwriting atand.rd. a. are then applied by Lead_ ill..c <br />_king a new 10.n, (3) the peraon to whoa tbe Propel'ty. 111 .to <br />transferred executes a written aa_ptlon agre_llt aee.ptelt 111 <br />Lender, agree. to pay an a..uaption fee which .ba1l. bee <br />origination, diacount and otber fee., cbara" .nd proc....ina.,c___.,: <br />cbarged by Lender on a1ailar n_ loan., and agr._tG .ltl*.. <br />applic.ble _.1_ intereat rate. as provided bel_, aad: (4) 1lO"~f <br />exi.t under the Security lnatnment or the Note. <br /> <br />Thi. Paragraph 24 aball only apply to a .ale or tr.nsfer C~t <br />converaion of the loan to fixed interest rate and p&yMllt under"": <br />the Note. Upon an election of Borrower to coo._rt to . tl.....,.'. <br />payMnt, the provisiona of this Paragraph 24 .hall terl81_te....:.... <br />force .nd effect on any a.le or transfer con......ted tbe~.t_. <br />intereat rate provided in Paragraph 4(b) of the Jiote .hall be 1. . <br />percent. con.ecutively, for each a.suaption pur._t to thi.P....: . <br />Any auch increa.e will be effective on tbe flrst Che.... Da'afa'l1;;;. <br />Lender' a offer to approve the anuaption if auch tranaac:tloo. 1.. t~t:".., <br />cona_ted. <br /> <br />/lunAo ,,:/. J/n~;A4J <br />(80_) <br />l\~"nd"i;" Kuce~~ ~~/7 <br /> <br /> <br />L:~Jii~i-~~- <br /> <br /> <br />(JU~);; <br /> <br />By signing this. Rorrower agreea to all of the above. <br /> <br />!l <br />! '. ' <br />.f f, A/{.lJ: ;;(y;/~ <br /> <br />Stuart L~ Kucera <br /> <br />,;i .~ .;1;',....0 <br />k~." .At. L ,.U'__r~__ <br />CarolYn' 1'1. Keil (~~ <br /> <br />TMC-029 (qc) (Page 2) <br />Rev 2/84 (CAP '>) <br />