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<br />I
<br />84 --002807
<br />
<br />(E)'J..i1l.imitation on Rate,
<br />If tre fi><Ed rate to te qillted on any PaytIl'nl: Change Date exceeds tre nmdllUD charges or rate
<br />a1l~ by applicable law, tren CDIlV<!rsion will not be a1l~ for that Payo>mt Cha~ Date. The
<br />rote mlder may offer a l....,r rate or charges than rElJuired or pennitted by this seetwn in order to
<br />e~ly with sudl legal limitatiors, b.1t is rot required to do SQ.
<br />
<br />(F) Prepay!!>'nt,
<br />If, after """""rsion, I tmke any prepaylll!nt urrler section 8, it will be governed by sect:ion 8
<br />except tlBt tre annunt of my m:mthly payn2d:s will rot be ~.
<br />
<br />(G) Provisions Not Applicable after Comoersion.
<br />After c:o<M>rsion of this loan, section; 2 (except for tre first t:1olO sem:erres), 3, 4 (except
<br />for (A)), 5, 7, am tre last lJ;O sentenees of section 8 shall not apply.
<br />
<br />7. NOTICE OF CHANGES
<br />The Note Holder will mail or deliver to 100 a roti<:e of any cl1ar@es in tre Full !btt;hly AuDunt
<br />am my IIIJtlthly payments at least 30 days before tre effecti.... date of any~. The notice will
<br />irc1ude iofOl:mation required by law to be gi....n 100 and also tb! title am teleptmle tUIiler of a
<br />person wtn will answer any question I may ha.... ~ tb! roti<:e."
<br />
<br />B, CHARGES; LIENS
<br />
<br />UnifOIID Cownant 4 of tb! Security Ins~ is aDeRIed to read as fol.1ows:
<br />
<br />4, 01arl!les; Liens. Borrower shall pay all ta>aes, as_s, ani other c:harges.e...... aodc
<br />impoBidcn; attriWtable to tre Property which may attain a priority <1'Ier th1a Sa:urlty~.
<br />and le.asetcld paj--:ents or g!'ouOO rents J if any, in the mmer prOYided urdet paragraph 2 be~_c, or i
<br />if IIlX paid in sud1 1IISIII1I!r, by Borrower maldng paymeu:, lihen due, direl:tly to ~l8Y'l'Bt~"
<br />Borrower shall prcmptly furnish to Lender all noti""" of lIIDJUDtS due tDIer th1a puasraph,and:l:iithe
<br />event Borrower stall make payment directly, Borrawe:r shal1 prcmptly furnish to LeaIer. teceipta
<br />evidenc1ng such paj'III!IItS. Borrower shall ~tly discharge any lien which has prlorityOller th1a
<br />Security Im~; provided, that Borrower stall rot be required to cIi.scIlarp any suc:b lien 8O!q
<br />as Borrower: (a) shall agree in wri~ to the payIIII!IIt of the oblig;ation -=ured by such lien ma
<br />lIBIIIll!r ac:ceptable to Lenler; (b) shal1 in good faith ~t sud1 lien by. or defeai ap1Dat
<br />enforcement of such lien in, leg;1l proceedi.rIglI1oihidl in the opinion of Lender operate to ~the
<br />enfo~ of tre lien or forfeiture of tb! Property or any part treteOf; or (e) shlllllllOlRfraa
<br />tb! mlder of such lien an agr:eeoent in a form satisfactory to Lender subo~ suc:b lieD to th1a
<br />Secur1ty Im~.
<br />
<br />If Lenler detem:ines that all or any part of tre Property is subject to a lien which 1III)'attafna
<br />priority over this Security Imtnlllellt, Lender shall serd Borrower rotioe i~ifY:l.11l such lieD.
<br />Borrower shal1 satisfy sud1 lien or take one or IIDre of tre actions set forth above with1l1ten~
<br />of tb! gi~ of notice.
<br />
<br />C, NOTICE
<br />
<br />UnifOIID Calienant 14 of tb! Security Instr\m!OC is aDeRIed to read as fo1lowB:
<br />
<br />14. Notiee. E>o:.ept for any notice required under applicable la1 to he given in 8I1Ou.r --.r,(a)
<br />any IIlXice to Borrower provided for in this Security Instnlllellt shal1 be gi"'l!ll by dell~ it or by
<br />lIIri1ing it by first class mail addressed to Borrower at the Property Address or at suc:b otb!l"adlInIp
<br />as Borrower may desig!:late by roti<:e to Lerder as I'l'OYided rerein, ani (b) any lIlltioetQ~~\smu
<br />be given by first class mail to Lender's address stated herein or to such odEr addr!llI&_~c!I!IIY
<br />desig!:late by Ittice to Borrower as pl'OYided herein. Any rotice provided for in tt. .Seclll:iJ:7
<br />Imtnlllent shall he deeIEd to haw been given to Borrower or Lender when gi~ in the ~.
<br />desig!:lated herein.
<br />
<br />D. UNIFORM DEED OF TRUST; GOVERNING LAW; SEVERABILITY
<br />
<br />UnifoIID Cownant 15 of tIE Security ImtnDellt is aDeRIed to read as fo:u.-:,
<br />
<br />15. Uniform Deed of Trust; Gooemill! Law; Sevetability. This fOllll of SeaIl:ity IIWU\IEDt ~.
<br />ttifOIlD eOYenants use ani IlOO"UlifOIID <:ovenants with limited variadcn; by jurisdict:lQl\ toc:alltJ,~te
<br />a uniform security imtnlllent co'""'rilll real property. This Security Inst~ shall be ~by
<br />fedexal law ani law of tb! jurisdiction in which tre Property is located. In tb! e-.a: that ~
<br />provision or dalSe of the Security InstnDent or the Note conflkts with applicable law. such
<br />confliet stall rot affect otrer prOYi.sion; of this Security IlWtNDem: or tre Note which can he gi"'l!ll
<br />effect without tb! eonflktill! provision, ani to this em tb! provision; of this SecUrity r....ttuEnt
<br />and tre Note are dedared to be severable.
<br />
<br />
<br />E. 1RANSOER OF mE PlU'ERlY; CR A IEl€FICIAL INrEllESl' IN !lIlKlloER.
<br />
<br />Uniform ~ 17 of tb! Security Irstrulll!nt is ,...,Wed to read as follows:
<br />
<br />17, Trarsfer of tre Property or a Beneficial Interest in Borr<w>r. If all or any part of the
<br />Property or an interest therein is sold or tr.....ferred (or if a beneficial interest in Borrower is
<br />sold or transferred am Borrower is not a natural person) witlnlt LeIVler's prior written coosent,
<br />Letder may, at Umler's option, decJare all the SlJlI6 secured by this Security InstNDent to be
<br />Umlediately due am payable. !bie....r, this option shall not be e>ercised by LeIVler if eJErCise is
<br />0Clt &1t.~r'~ by FEderal Law.
<br />
<br />L
<br />
<br />If Umler exercises sud1 option to aece.lerate, Lenler stall mail Borrower not ice of aeoeleraUon in
<br />accot'dance with paragraph 14 l'ereof. Such Ilcdce shall provide a period of not less than 30 days
<br />fraa too date tre ootice is ma.i1ed within which Borrower may pay tI-e ....... decJared due. If Borrower
<br />fails to pay such lkJIl6 prior to tb! expiration of such period, Lender may. witlnlt further notice or
<br />daaxI 00 Borrower, 1nvI:lke any r€lllildiee pennitted by paragraph 18 l'ereof,
<br />Notwitl18ta<ldi1l! a sale or tnl.l>!fer, Borr",,",r will eonl:iIl.Je to be obligated under the Note and this
<br />5<lcurity Wtrulll!nt unless Lendl:r has released BorrCMlI' in writing.
<br />
<br />TMC-024 (qc)
<br />Rev 2/84
<br />
<br />(Page 2)
<br />::CA1' 2)
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