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I I '~ ' r D. UNIFORM SECURITY INSTRUMENT; GOVERNING LAW; SEVERABILITY Uniform Covenant IS of the Security Instrument is amend~ to read as follows: 15. Unlf_ Senrlty 1"""_1; Go........ La..; SnertlblUty. 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 Federal law and the law of the jurisdiction in which the Property is located. In the even~ that any provision orc1ause of this Security Instrument or the Note conflicts with applicable law, such conflict shall not affect o~her provisions of this Security Instrumen~ or the Note which can be given effect without the conflicting provision, and to this end the provisions of this Security Instrumen~ and the Note are declared to be severable, E. TRANSFER OF THE PROPERTY OR A BENEFICIAL INTEREST IN BORROWER Uniform Covenant]? of the Security Instrument is amended to read as follows: 17, T......f.. of the Property or a .....fldal lalensl la Borro..er, If all or any part of the Property or an interest ~hereia is sold or rransfened (or if a beneficial interest in Borrower is sold 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., S~ 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 declareddue,lf Borrower fails to pay such sums prior to the expiration of such period. Lender may. without further notice or demand on Borrower, invoke.:any remedies permitted by paragraph 18 hereof. Notwithstanding a sale or transfer. Borrower will continue to be obligated under the Note a.!!.d this Security Instrument unless:. -LcDder<I;uisL released Borrower in writing. F. LOAN CHARGES If the loan secured by the Security Instrument is subject to a law which sets maximum loan charges, and thaUaw is finally iD~:.~'~:.~.'" interest or other loan charges collected or to be collected in connection with the loan exceed permitted limits, theu:(I) any $uchlCIIID~'~" be reduced by the amount necessary to reduce the charge ~o the permilled limit; and (2) any sums already collectedfrom'~,:.,(~'" exceeded permilled limits will be refunded to Borrower, Lender may choose to make this refund by reducing the priDcipal owed lIIIdet'the:NOle', , or by making a direct payment to Borrower. Ir a rerund reduces principal, the reduction will be treated as a partial prepaymeutlllldet,theNote. IN WITNESS WHEREOF. Borrow.. bas exec..... Ibis Adj..table Rate RIder, IV~4/~ William A. PetersenBORROWER ~~ (a ?;' ,~ Sandra K. Petersen BORROWER BORROWER (SIGN ORIGINAL ONLY) (Seal) ~ c"" ~ .'.-0., -...-;: ...", -,,~ p :- )io = ! L ~ ~ ClQ' go ~ii '::r~~!lJ ~ .1 ern!', ~~'~r i~L ,\.I\) ~ ;;J ' " -.J a --~, CP z ~ ..r p ~ ~ \~