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<br />, ~~V99 8'4.-
<br />(/) NotIce or Changei"' ~ 002583
<br />The Note Holder will mail 0" deliver to me a notice of any changes inlhc amount of my monthly payment before Ihe
<br />cffective date of any ch.nge, The notice will include information required by I.w to be given me .nd also the title .nd
<br />telephone number of. person who will .nswer any question I m.y h.ve reg.rding the notice,"
<br />B, CHARGES; LIENS
<br />Uniforn, Covenant 4 of the Security Instrument is amended to read as follows:
<br />
<br />4. Charges; Liens. Borrower shall p.y .11 taxes. assessments, and other charges. fines and impositions attributable to the
<br />Property which may att.in a priority over Ihis Security Instrument. and le.sehold p.yments or ground rents. irany, intbe
<br />manner provided under paragraph 2 hereof or, if not paid in such manner. by Borrower making payment, wben,due.
<br />directly to the payee thereof. Borrower sh.1I promptly furnish to Lender all notices of amounts due under this.p....gr.Pb.
<br />and in the event Borrower shaJl m.ke payment directly. Borrower sh.1I promptly furnish to Lender receipts evidaltiilg
<br />sllch p.ymenls, Borrower shall promptly disch.rge .ny lien which h.s priority overtbis Security Instrument,provided,
<br />Ihal Borrower shall not be required to disch.rge any such lien so long as Borrower: (a) sball agree in writing,t(>,tbe'
<br />payment of the obligalion secured by such lien in . manner acceptable to Lender; (b) shall in good faith contest such 'lie.. '.
<br />by, or defend against enforcement of such lien in. legal proceedings which in the opinion of Lenderoperate-t() pr~en1"tbe
<br />enforcement of the lien or forfeiture of the Property or any part thereof; or (c) sball secure from the-bolder ()fsuch lien: an
<br />agreement in a form salisfactory to lender subordinaling such lien to this Security Insfrument.
<br />If lender determines that all or any part of the Property is subject to a lien which may attain a priorifyovenhisSecurity
<br />Instrument, lender shall send Borrower notice identifying such lien, Borrower shall safisfy such lien or take one or more of
<br />Ihe actions set forth above within ten days of the giving ofnotice,
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<br />,~, NOTICE
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<br />Uniform Covenant 14 of the Security Instrument is amended to read as follows:
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<br />14, Notice, Except for any nollce required under applicable law to be given in another manner. (a) any notice to.
<br />Borrower provided for in Ihis Security Instrument shall be given by delivering it or by mailing it by first class mail,
<br />addresscd to Borrower 3tthe Property Address or al such other address as Borrower may designate bynoticefo LenderllS'-'
<br />pr(>vlded herein, and (b) any nOlice 10 lender shall be given by first class mail to lender's address slaledhereinonosuclr
<br />nlha addre..s as Lender may designate by notice to Borrower as provided herein, Any nmice provided for in Ihis Security
<br />Instrument shall be deemed to have been given to Borrower or lender when given in the manner designated herein.
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<br />D. UNIFORM SECURITY INSTRUMENT; GOVERNING LAW; SEVERABILITY
<br />
<br />llmform Covenant J 5 of the Secunty Instrument is amended to read as follows:
<br />
<br />IS, Unirorm Security Instrument: Governing Law; Severability, This form of Security Instrument combines uniform-
<br />cO\-'4..'nants for national use and non-uniform covenants with limited variations by jurisdiction to constitute -a-_unifo~{
<br />security instrument covering real property, This Security Insfrument shall be governed by federal law and thdaw-ofthe~
<br />;unsdlction in which the Property is localed, In the event that any provision or clause of this Security Inslrumentor~the-
<br />Note eonllicts with applicable law, such eonllict shall not affect other provisions of this Security Instrument or theNote
<br />\vhich can ~ gi\'en dTect without the ('onfticting provision, and to this end the provisions of this Security lnstturnentand
<br />I he Note arc declared to be severable.
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<br />K TRANSFER OF THE PROPERTY OR A BENEFICIAL INTEREST IN BORROWER
<br />
<br />Unifonn Covenant 17 oflne Security Instrument is amended to rcad as follows:
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<br />17, Transfer of tbe Proper!)' or a Benelidallnte.....t in Borrower, Ifall or any pan of the ProperlY or an inferest therein
<br />1':' sold or transferred (or if a beneficial interest in Borrower is sold or transferred and Borrower is not a nlturatperson)
<br />withoUl Lenders prior written Cl>nsenl. lender may, at lenders option. declare all the slims secured by tbis Security
<br />Instrument to be immediately duc and payable, However, this option shall not be exercised by lender if exercise is not
<br />authorized by Federal law,
<br />If L~nd~r ~xen.:ises such option to accelerate, Lender shall mail Borrower notice of accelerl\tion in accordance with
<br />I'aragraph 14 hereor. Such nollce shall provide a period of not less than 30 days from the date the notice is mailed within
<br />which llorrower may pay Ihe sums declared due, If Borrower fails to pay such sums prior to Ihe expiration of such period,
<br />Lender may, without further notice or demand on Borrower, invoke any remedies permitted by paragraph 18 hereor.
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<br />F, COVENANT DELETED
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<br />Non-Uniform C0\:cnant21 oftheSecurity Instrum~nl ("Future Advances") IS deleted.
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<br />G, LOAN CHARGES
<br />
<br />Iflhc loan sc<ured by the Security Instrument is subject to a law which scls maximum loan charges, and that law is finally
<br />interpreted so that the interest Of olher loan t.:hargcs l'ollectcd or to bt: collecred in connection with the loan ex,-'c...-d
<br />pcrnHllcd lImits. lhen; (I) any such loan t.:harge shall be reduced by the amount necessary to reduce the: charge to the
<br />permitted hmit; and (2) any sums already colleclcd from Borrower which exceeded permilted Iimils will be refunded 10
<br />Borrower. Lender may choose to make this refund by reducing the principal owed under Ihe Note or by making a direct
<br />palment to Borrower. if a refund reduces principal, Ihe reduction will be treated as a parllal prepayment under the Note,
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<br />H. LEGISLATION
<br />
<br />If. atter tht- dale hereof, enactment or cxpirntion of appHcable law~ have t he effect either of rendering the prOVIsions of the
<br />Ntltc, the Sc<:urity Inslrument or this Adjustable Rale Rider ([lthcr than thIS paragraph Il) unenforceable accorulllg to
<br />th..f)t" f~rm.. 0,..011 or llny part of the i'SUl1ts ~ccurt.'d hereby ullcolh."Ctable. Jl:-. nlhcrwise provided in the St.........urity Instrument
<br />and tlus Adjustable Rate Ru.Jer. or of diminishing the value uf lender'~ st.'cunt}. then Lender. at Lender\. nptwn, mu)'
<br />declare all sums se~-ured by the Secunty Instrument to be immedialcly due .and payable.
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